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The ringgit strengthened to its best level since October 2024, trading as strong as 4.1217 per dollar on November 12. HLB projects steady appreciation toward 4.05 by mid-2026, citing improved economic standing and de-escalation of US-Malaysia trade tensions.
A firmer ringgit raises the ringgit cost of Malaysian palm oil and can marginally support USD palm prices if producers push for higher dollar offers.
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.