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Malaysia's central bank is easing rules on its currency as Southeast Asian countries compete for investment from multinationals diversifying away from China. The central bank hopes the change will strengthen the country's position in global supply chains and attract foreign direct investment.
Currency policy easing may increase capital inflows and ringgit volatility, a modest factor for dollar-priced feed import costs in Malaysia.
asia.nikkei.comTAKASHI NAKANO, Nikkei staff writerApr 15, 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.
