# New Malaysian PM Anwar vows to heal divided nation, economy | AP News

> Anwar Ibrahim pledged to heal a divided nation and strengthen the economy after his appointment as prime minister. Malaysian stocks and the currency surged on the news.

- Date: 2022-11-25 · published 2022-11-25T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/38935-new-malaysian-pm-anwar-vows-to-heal-divided-nation-economy-ap-news
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Political clarity supports the ringgit and regional sentiment, which can lower the dollar cost of Malaysian palm oil and other commodity imports.

## Read by commodity

- USDMYR: bearish ▼
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-07-10 | [New Malaysian plantations minister challenged to find new markets for palm oil  : The Daily Digest](https://feedsoft.ai/events/63908-new-malaysian-plantations-minister-challenged-to-find-new-markets-for-palm-oil.md) | -3.0% | -4.0% |
| PALMOIL | 2020-03-09 | [Palm oil players to keep an eye on new ministry’s policy - Focus Malaysia](https://feedsoft.ai/events/54017-palm-oil-players-to-keep-an-eye-on-new-ministry-s-policy-focus-malaysia.md) | -6.5% | -12.1% |
| PALMOIL | 2023-06-08 | [Indonesia, Malaysia aim to fight 'discrimination' against palm oil](https://feedsoft.ai/events/35529-indonesia-malaysia-aim-to-fight-discrimination-against-palm-oil.md) | +2.1% | +14.6% |
| PALMOIL | 2019-08-10 | [Jokowi, Mahathir agree to fight EU's palm oil discrimination - ANTARA News](https://feedsoft.ai/events/57465-jokowi-mahathir-agree-to-fight-eu-s-palm-oil-discrimination-antara-news.md) | +0.4% | +1.9% |
| PALMOIL | 2026-08-11 | [B15 implementation in peninsular Malaysia will not affect palm oil exports \| News Hub \| PVIP2U](https://feedsoft.ai/events/15449-b15-implementation-in-peninsular-malaysia-will-not-affect-palm-oil-exports-news.md) | +0.4% | +7.2% |

## Sources

- apnews.com: https://apnews.com/article/religion-malaysia-anwar-ibrahim-government-and-politics-06cf3a31c84607ace33d95a8f96a2953

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.