Loading…
Market commentary indicated that USD/MYR could return to the 4.50 level. The outlook reflected ringgit pressure from trade uncertainty and the stronger US dollar.
A move toward 4.50 would make ringgit-denominated purchases of palm oil and other imported feed inputs more expensive for Malaysian buyers.
ifre.comFeb 18, 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.
