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The ringgit opened at 3.9130 per US dollar, near its strongest level since April 2018, after the Federal Reserve kept rates unchanged. Bank Negara Malaysia's governor said the economic outlook is supported by solid fundamentals and a diversified export base.
A firmer ringgit on fundamentals reduces the ringgit value of Malaysian palm oil exports and supports the currency's upward trend.
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.