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The ringgit opened firmer against the US dollar on 7 September, quoted at 4.2200/2230 from 4.2370/2400 the previous day. The move followed better-than-expected July export growth of 30.9% and record reserves of US$100.5 billion, despite tensions on the Korean peninsula.
Stronger export data and a firmer ringgit lower the local cost of dollar-priced imports. The move is routine and has little effect on feed prices.
nst.com.myBernamaSep 7, 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.
