# Food imports, exchange rate and cost of living: A catch-22 situation | Malay Mail

> Bank Negara Malaysia states that food imports account for about 24% of total food content, with 9% from domestic production inputs and 15% from finished goods. It says 16 of 33 common agricultural products are highly self-sufficient. The central bank argues that exchange-rate movements explain only part of food price changes.

- Date: 2019-12-22 · published 2019-12-22T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/55832-food-imports-exchange-rate-and-cost-of-living-a-catch-22-situation-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Malaysia's continued reliance on imported food and inputs keeps it exposed to global commodity and currency moves, which matters for regional feed and food import demand. The impact on near-term prices is limited, as the central bank notes exchange rates are only one factor.

## Sources

- malaymail.com: https://www.malaymail.com/news/malaysia/2019/12/22/food-imports-exchange-rate-and-cost-of-living-a-catch-22-situation/1821453

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.