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Bank Negara Malaysia condemned the Singapore Exchange and ICE for offering ringgit futures to offshore participants, saying this breaches Malaysia's foreign exchange rules. The central bank has regulatory concerns about offshore ringgit trading.
This is a regulatory dispute over currency trading venues, with no direct supply, demand or price effect on agricultural commodities.
centralbanking.comMikael LatreilleAug 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.
