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Bank Negara Malaysia's Financial Markets Committee said the ringgit remains stable against the US dollar, with movements comparable to regional currencies. Onshore FX volume averaged USD9.1 billion daily, intraday volatility narrowed, and bond auctions drew strong bid-to-cover ratios.
Reduced ringgit volatility and steady foreign participation in bonds lower near-term currency risk for Malaysia-linked feed import costs, though the story has little direct grain or feed price impact.
corpwb01.bnm.gov.myFeb 17, 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.
