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The ringgit has accelerated lower since mid-September amid political uncertainty and capital outflows, according to EMIR Research. The analysis cites depleting reserves, a sliding exchange rate, expanding domestic credit and inflation as weakening factors.
Ongoing ringgit weakness and capital outflows raise import costs for Malaysian feed buyers. The commentary is analytical and does not signal a new commodity market driver.
emirresearch.comRais HussinOct 21, 2022Not 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.
