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The ringgit closed higher against the US dollar on August 30, 2019, at 4.2030/2080 from 4.2150/2200 the previous day. The move followed news that the United States and China were returning to the negotiating table over their tariff dispute.
A firmer ringgit on trade-talk optimism signals lower USD/MYR and somewhat better risk sentiment toward Asian currencies, which can ease import costs for Malaysian feed buyers.
malaymail.comAug 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.
