Loading…
The ringgit fell past RM3.92 against the US dollar for the first time since early March as foreign investors sold Malaysian equities. The move followed broader US dollar strength and rising US bond yields.
A weaker ringgit from equity outflows and dollar strength raises the local-currency cost of Malaysian commodity imports, which can support dollar-based palm oil prices.
themalaysianreserve.comDzulMar 19, 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.
