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The ringgit opened higher against the US dollar on October 30, rising to 4.7575/7625 from Friday's close of 4.7750/7800. Markets are watching the US FOMC meeting and Bank Negara Malaysia's policy meeting on November 2.
Expectations of a steady Fed rate and upcoming central bank decisions drive short-term currency moves that affect dollar-denominated feed import costs in Malaysia.
businesstoday.com.myOct 30, 2023Not 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.
