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Bank Negara Malaysia's 2024 annual report defended the flexible exchange rate regime for managing short-term ringgit risks. The central bank said structural reforms are needed for long-term stability.
The ringgit fell to a 26-year low of 4.8 per dollar in 2024.
Policy that lets the ringgit adjust makes Malaysian exports, including palm oil, more competitive, which affects regional vegetable oil supply pricing.
theedgemalaysia.comMar 24, 2025Not 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.
