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Malaysia's forex reserves rose by US$500 million to US$99.4 billion in July and are poised to reach US$100 billion. RHB Research linked the gain to foreign equity inflows and a weaker US dollar, and said current reserve levels are adequate by international standards.
Reserve growth supports ringgit stability, which lowers Malaysian import costs modestly, but it has no direct effect on feed commodity prices.
theborneopost.comchinAug 9, 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.
