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Bank Negara Malaysia Governor Abdul Rasheed Ghaffour said the ringgit is moving in the right direction despite US trade war uncertainty. He cited strong fundamentals and a narrowing interest rate differential, and said the central bank aims to prevent excessive volatility rather than set currency targets.
Official confidence and a narrowing rate gap support the ringgit, which lowers the local-currency cost of dollar-denominated feed imports over time.
scoop.myBernamaFeb 17, 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.
