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The ringgit was the biggest loser among Asian currencies on Monday, falling up to 0.7% as investors priced in a weaker outlook for China, Malaysia's largest trading partner. Trump's planned 10% tariff on Chinese imports and 25% tariffs on wider US imports were cited as pressures, alongside foreign equity outflows.
Weakness in China-linked demand and the ringgit can pressure Malaysian palm oil export economics and regional commodity demand, weighing on feed-related trade flows.
brecorder.comReutersFeb 11, 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.
