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Malaysian bond market foreign flows turned negative in November, with net outflows of RM3.5 billion as investors reacted to the Fed's hawkish stance. The ringgit weakened to RM4.2265 per dollar over the month, and foreign holdings fell to 14.4% of outstanding bonds.
Capital outflows weakening the ringgit make Malaysian palm oil and other ringgit-priced inputs cheaper in dollar terms, but the effect on feed prices is indirect.
themalaysianreserve.comDayang NorazharDec 15, 2021Not 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.
