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The US dollar weakened against most ASEAN currencies in the week to August 26, with the ringgit gaining the most. The move followed a Bloomberg survey that raised Malaysia's Q4 GDP forecast to 2.5% quarter on quarter and projected 2021 growth of 6%.
Improving growth expectations and a firmer ringgit lower the dollar cost of feed imports for Malaysian buyers, and the regional dollar weakness supports ASEAN import affordability.
kriptova.comwisnu sukastaAug 26, 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.
