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The ringgit opened slightly stronger against the US dollar on renewed buying interest amid stabilising oil prices. An analyst said the currency is caught between oil stability and rising US-China trade tensions.
The ringgit was mixed against other major currencies.
Routine currency commentary with no new supply or demand driver for feed commodities; a stronger ringgit slightly reduces palm oil's ringgit-denominated cost.
nst.com.myBernamaMay 27, 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.
