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The ringgit closed firmer against the US dollar on May 1, 2025, at 4.3130/3185 versus 4.3245/3300 the previous day. It also rose against the yen, euro and pound as the US Dollar Index stayed below 100 amid softer dollar demand over tariff uncertainty.
A firmer ringgit lowers the cost of Malaysian palm oil in dollar terms, which can modestly support palm oil prices for feed buyers.
mcigroup.myMCI EngApr 30, 2025Not 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.
