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The ringgit closed weaker on September 30 after profit-taking following sharp gains, falling from 4.1210 to 4.1530 per dollar. The move followed Fed Chair Powell's remarks that rate cuts would continue but without haste.
The ringgit's pullback is a short-term currency move with limited direct effect on feed commodity prices.
dailyexpress.com.myBernamaSep 30, 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.
