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Bank Negara's Financial Markets Committee, under a new chairman, discussed domestic market developments and reforms. It said the ringgit depreciated only 2.6% against the dollar year to date, ranking third among 10 regional currencies, and that it remained optimistic about the near-term outlook.
A resilient ringgit reduces the local-currency cost pressure on Malaysian palm oil and imported feed, supporting stable regional vegetable oil pricing.
businesstoday.com.myJun 28, 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.
