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The ringgit rose for a fifth straight day on Oct 29, closing at 4.1850/1900 per US dollar. Gains were attributed to the successful Asean Summit and expectations of a Fed rate cut that evening.
A stronger ringgit lowers the local cost of dollar-denominated feed and commodity imports. Its effect on palm oil and feed prices is modest.
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.