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Analysts said the ringgit may stay under pressure against the US dollar next week if US Treasury yields remain elevated. The currency has held within a three-month range of 4.0000 to 4.1000 against the dollar.
Ringgit moves shift the cost of Malaysian palm oil for importers, but this is a short-term outlook rather than a new shock. Its effect on feed prices is limited.
malaymail.comFeb 27, 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.
