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The Malaysian ringgit weakened against the US dollar amid cautious market sentiment and a lack of new catalysts. The move came in a session where broader news flow offered little direction for the currency.
A weaker ringgit raises the cost of ringgit-priced imports for Malaysian feed and oilseed buyers, and can add modest support to palm oil prices in local terms.
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.