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The ringgit closed weaker against the US dollar on July 23, at 4.1118/1190 versus 4.1110/1150 the prior day. Trading was quiet ahead of the Fed's policy meeting, with the currency gaining against several other major currencies.
Routine currency moves in Malaysia have little direct effect on feed commodity prices, though a firm dollar can modestly pressure dollar-priced commodities.
beta.malaymail.comJul 23, 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.
