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Morgan Stanley forecasts the ringgit will weaken by year-end after being sheltered from last month's emerging-market selloff by higher oil prices. The currency may now catch up on lost ground as those supports fade.
A weaker ringgit would raise the local cost of imported feed ingredients, while oil price support has been the main offset.
thestar.com.myThe Star OnlineJul 8, 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.
