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Malaysia's central bank governor said the bank has no target level for the ringgit. He said the currency is more stable after December measures and that the bank is considering longer hedging periods and hedging help for smaller firms.
Stable ringgit policy reduces near-term currency swings for Malaysian feed and oil importers, so it has little direct price impact on feed commodities.
businesstimes.com.sgMar 23, 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.
