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The ringgit reversed five days of losses to open slightly higher against the US dollar on September 29, trading at about 4.625 per dollar. It was weaker against the euro, pound, Singapore dollar and yen in the same session.
A trader warned the dollar was expected to keep rising against the ringgit.
This is routine intraday currency movement with no new policy or supply cause, so it carries little direct weight for feed prices. The broader trend of a weaker ringgit still raises the dollar cost of Malaysian imports.
newmalaysiatimes.comNik Mohamad TamimSep 29, 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.
