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Economist Shankaran Nambiar of the Malaysian Institute of Economic Research says the ringgit's recovery is not surprising after a long decline. He expects the rally to be checked by exporter impacts, profit-taking and pre-election jitters.
A limited ringgit rally means the currency is unlikely to add much further pressure on dollar-priced Malaysian commodity exports. The outlook is mixed, so the price effect is modest.
malaysiakini.comSusan LooneJan 25, 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.
