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The ringgit opened lower on November 22 at 4.1870/1895 per US dollar as the greenback strengthened on inflation concerns and calls for faster Fed tightening. Brent crude fell 0.56% to US$78.45.
A weaker ringgit modestly raises the local cost of dollar-priced feed imports, and the oil move points to softer energy-linked costs.
malaymail.comNov 22, 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.
