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Prime Minister Mahathir said the government will address the ringgit's depreciation, which has taken it from about 3.80 to 4.20 per US dollar and raised import costs. Malaysia's economy also grew at its weakest pace in a year in the third quarter.
A weaker ringgit raises the local cost of dollar-priced feed imports, which pressures Malaysian feed buyers.
profit.pakistantoday.com.pkAgenciesNov 30, 2019Not 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.
