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The ringgit extended gains against the US dollar for a third straight day, trading near 4.178 per dollar. Dealers cited firm regional risk sentiment, falling US yields that favour Malaysian government bonds, and Brent crude holding above US$45.
A firmer ringgit lowers the local cost of dollar-priced feed ingredients such as soymeal and corn imports, a modest easing for Malaysian feed buyers.
nst.com.myBernamaAug 19, 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.
