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The ringgit opened higher against the US dollar on Monday, extending the previous week's gains. It also rose against the Singapore dollar, yen and pound but weakened against the euro.
Dealers cited demand for the currency after FTSE Russell kept Malaysia on the WGBI.
A firmer ringgit makes Malaysian-priced imports such as palm oil and feed ingredients slightly cheaper for local buyers, though the effect on feed prices is small.
malaymail.comSep 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.
