Loading…
The ringgit opened higher against the US dollar on Feb 27, 2020, ahead of the stimulus announcement, rising about 100 basis points to 4.2130/2200. Foreign investors resumed buying Malaysian bonds as expectations grew that Bank Negara would cut rates.
Improved foreign demand for Malaysian assets supports the ringgit and eases USD/MYR, which slightly lowers the local cost of imported feed ingredients.
staging.malaysiakini.comBernamaFeb 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.
