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Bank Negara Malaysia's governor gave a speech reviewing the financial market, factors that drive the exchange rate, and ringgit interventions. He noted the ringgit's implied volatility fell from a peak of 9.7% to about 3.7%.
He also outlined initiatives to build market resilience and liquidity.
The speech describes central bank policy on currency stability and market structure. It has little direct effect on feed commodity prices.
bis.orgMuhammad bin IbrahimNov 22, 2017Not 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.
