Loading…
Deputy minister Eddin Syazlee Shith told the Dewan Negara that the government has taken proactive measures to stabilise the financial market. These include requiring most foreign exchange export proceeds to be converted into ringgit, and he said the currency's long-run value depends on economic fundamentals.
Requiring export proceeds to be converted into ringgit may support the currency and reduce dollar demand, which can ease import costs for feed buyers in Malaysia. The effect on feed prices is limited.
staging.malaysiakini.comBernamaApr 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.
