Loading…
The ringgit closed lower against the US dollar at 4.1700/1730 on September 17, extending its previous day's loss. The move followed a broader decline in emerging-market currencies as investors shifted toward safe-haven assets after stronger US retail sales and jobless claims data.
Stronger US data raised expectations of earlier Fed tapering, lifting the dollar and increasing the local-currency cost of dollar-priced commodity imports for Malaysia.
malaymail.comSep 17, 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.
