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An explainer published September 3, 2023 covers why the Malaysian ringgit has stayed weak against the Singapore dollar, which hit a record low of 3.48 in July. Experts cite political uncertainty, policy inconsistency and geopolitical tensions.
Malaysian workers are crossing to Singapore for better pay.
Currency weakness affects the cost of imported feed inputs in Malaysia, but this piece is mainly about labor flows and has limited direct price impact on feed commodities.
channelnewsasia.comNicole LamSep 3, 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.
