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Bank Negara Malaysia governor Nor Shamsiah Mohd Yunus said the ringgit had appreciated 0.9% against the US dollar since October 1 as of November 9. She attributed the gain to an improved domestic outlook from economic reopening and higher commodity prices, and warned of continued volatility from global liquidity shifts.
A firmer ringgit lowers the local cost of dollar-priced feed inputs, but the central bank expects continued volatility that could reverse this.
malaymail.comNov 12, 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.
