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The ringgit traded at 4.4335/4500 per dollar on the morning of January 22, 2025, after Bank Negara Malaysia kept its overnight policy rate at 3%. Analysts said the central bank was in no hurry to cut rates while regional peers had begun easing.
A steady central bank rate supports the ringgit, which can keep Malaysian palm oil priced in dollars slightly cheaper for regional buyers.
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.