Loading…
FXTM strategist Jameel Ahmad said the ringgit could weaken to 4.10 per dollar by year-end if the trade war escalates. He noted the ringgit has given up most of its 2018 gains as the dollar strengthened on higher US rate expectations and trade tensions.
A weaker ringgit would raise the cost of dollar-priced feed imports for Malaysian buyers, and the outlook depends on how China responds to US tariffs.
malaysiakini.comBernamaJul 10, 2018Not 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.
