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Finance Minister Tengku Zafrul said businesses should not rely on a weaker ringgit to stay competitive and should focus on productivity. He noted the ringgit had depreciated 0.5 percent against the dollar so far this year.
This is a policy statement with no direct supply or demand effect on feed commodities. It signals the government is not planning active intervention to support the ringgit.
mof.gov.myNorisSep 21, 2020Not 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.
