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Bank Negara Malaysia governor Nor Shamsiah Mohd Yunus said the ringgit will stay prone to bouts of high volatility given uncertainty about the pace of global and domestic recovery. She noted the currency fell 3.5% against the dollar in the first quarter of 2021, mainly due to dollar strength.
Ringgit volatility affects Malaysian import costs and palm oil export pricing in dollar terms, but has limited direct impact on feed commodity prices.
staging.malaysiakini.comBernamaMay 10, 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.
