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The ringgit opened higher against the US dollar and other Asean currencies ahead of Malaysia's 2024 GDP release. Analysts expected fourth-quarter growth of 4.8% and full-year 2024 growth of 5.1%, and the ringgit traded near 4.43 per dollar.
A firmer ringgit lowers the local-currency cost of dollar-priced feed and oilseed imports, which can ease Malaysian buyers' costs.
scoop.myBernamaFeb 14, 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.
