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Bank Negara Malaysia said the ringgit has never been an instrument for export competitiveness and ruled out using the currency to support exports. The central bank said it will keep ensuring orderly forex conditions while the ringgit remains market-determined.
A firm policy stance against managed weakness means the ringgit's strength is unlikely to be reversed by官方 action, supporting the currency's appreciation trend and raising the ringgit cost of Malaysian exports such as palm oil.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.