Loading…
The ringgit ended lower against the dollar for a third straight day at 4.1700/1740 ahead of a Bank Negara Malaysia policy meeting. Brent crude rose 1.38 percent to $40.33 per barrel.
Currency weakness raises the local cost of dollar-priced feed imports. Higher crude prices can support palm oil through biodiesel economics, but the effect is modest here.
nst.com.myBernamaSep 9, 2020Not enough comparable past events yet for a historical read.
Not 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.
