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FXTM expects the ringgit to trade between 4.10 and 4.15 per US dollar in the second quarter of 2019, barring a major catalyst. Analyst Han Tan cited solid growth, manageable inflation and robust consumption as support for the currency.
A range-bound ringgit gives Malaysian importers stable dollar costs for feed inputs, so the effect on feed prices is limited.
theborneopost.comApr 25, 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.
