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Bank Negara Malaysia Governor Muhammad Ibrahim said the December 2016 measures supporting the ringgit had succeeded. He cited halved one-month implied volatility and onshore daily FX volume of US$10 billion.
Currency stabilisation measures that limit exporter retention of foreign currency change the ringgit's supply-demand balance and can affect the economics of Malaysian palm oil exports. The impact on feed prices is limited.
beta.malaymail.comJul 25, 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.
