# Malaysia's currency curbs boomerang on bond markets

> Reuters reports that Malaysia's curbs on ringgit non-deliverable forwards have triggered a flood of money leaving the country's bond market. The ringgit had been the weakest currency in emerging Asia last year after the yuan.

- Date: 2017-02-27 · published 2017-02-27T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/72756-malaysia-s-currency-curbs-boomerang-on-bond-markets
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Capital outflows weaken the ringgit, which raises the local-currency cost of imported feed inputs and can pressure Malaysian palm oil and feed demand.

## Read by commodity

- USDMYR: bullish ▲
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-12-21 | [Statement by Financial Markets Committee: Updates on the Malaysian Financial Markets - Bank Negara Malaysia](https://feedsoft.ai/events/67745-statement-by-financial-markets-committee-updates-on-the-malaysian-financial.md) | -0.1% | +3.6% |
| PALMOIL | 2022-06-02 | [Malaysia Maintains Its Status Quo On Biodiesel](https://feedsoft.ai/events/15812-malaysia-maintains-its-status-quo-on-biodiesel.md) | +1.7% | -11.9% |
| PALMOIL | 2017-12-21 | [Malaysia's forex market more efficient now \| The Star](https://feedsoft.ai/events/67750-malaysia-s-forex-market-more-efficient-now-the-star.md) | -0.1% | +3.6% |
| PALMOIL | 2026-06-23 | [Indonesia palm oil export curbs: An open door for Malaysia?](https://feedsoft.ai/events/15465-indonesia-palm-oil-export-curbs-an-open-door-for-malaysia.md) | -0.2% | -0.2% |
| PALMOIL | 2021-05-19 | [Malaysia keeps CPO export duty unchanged but raises reference prices - Fastmarkets](https://feedsoft.ai/events/46978-malaysia-keeps-cpo-export-duty-unchanged-but-raises-reference-prices-fastmarkets.md) | -4.3% | -16.7% |

## Sources

- reuters.com: https://www.reuters.com/article/business/malaysias-currency-curbs-boomerang-on-bond-markets-idUSKBN1660WS/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.