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The ringgit reached a near one-month high on 11 October after Malaysia lifted interstate and international travel restrictions. Asian currencies were broadly firmer, though the dollar index rose to 94.139 as traders priced in US bond tapering.
Singapore's third-quarter growth data was due later that week.
Reopening supports the regional economic outlook and firmer Asian currencies, which can lower the dollar cost of Malaysian palm oil. Expectations of US tapering that lift the dollar are a counterweight.
financialpost.comReutersOct 11, 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.
