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A Bank Negara Malaysia deputy governor speech reviews the ringgit's 2024 performance, noting pressure in the first half from US policy rates, China's growth and geopolitical risk. It also describes the rarity of negative rate differentials with the US.
Central bank commentary on currency resilience affects the ringgit's path against the dollar, which influences the dollar cost of Malaysian palm oil and related feed inputs.
bis.orgAdnan Zaylani Mohamad ZahidDec 11, 2024Not 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.
