Loading…

The ringgit eased against the US dollar in early trade on October 24, 2019, as investors shifted toward the greenback after stronger-than-expected US factory data. The local currency was quoted at 4.1850/1890 per dollar, versus 4.1830/1870 at the prior close.
It was mixed against other major currencies.
A weaker ringgit raises the local-currency cost of dollar-priced feed imports such as soymeal and corn, which can feed through to Malaysian feed costs.
Not 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.