Standard Chartered forecast the ringgit would strengthen to 3.90 per US dollar by end-2021, with an overweight recommendation. The bank cited an improving global trade recovery, firmer commodity prices including palm oil and LNG, and a stronger yuan.
It said the ringgit was still about 9% undervalued.
A forecast ringgit appreciation would lower the local-currency cost of Malaysian-origin commodities such as palm oil and could ease import costs. The forecast is a view rather than a realized move.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Tras 86 eventos neutral de macro pasados, Aceite de palma se movió una mediana de +0,3 % en 5 sesiones (56% al alza; mitad central entre -1,6 % y +2,0 %), y +1,0 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.