
Asian currencies rallied against the dollar as the Indonesian rupiah and Malaysian ringgit strengthened. The ringgit rose 0.6 per cent to 4.200 per dollar, and the rupiah gained 0.52 per cent.
The table shows the yen, won, baht and peso also moved modestly against the dollar.
Broad Asian currency strength reduces the local cost of dollar-priced imports and can lift palm oil and feed prices in local terms. The move is a routine currency market wrap with no new fundamental cause.
Not enough comparable past events yet for a historical read.
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.