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Malaysia's ringgit has held up better than regional peers through the virus outbreak and the crude price slump. Analysts expect a widening fiscal deficit, political risk, falling global demand and a possible economic contraction to weigh on it.
The currency's resilience may soon reverse.
A weaker ringgit would lift the local-currency cost of imported feed ingredients for Malaysian buyers. The outlook depends on oil demand and the domestic economy.
bloomberg.comMarcus WongMay 1, 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.
