Loading…
Bank Negara governor Muhammad Ibrahim said demand and supply imbalances in the onshore FX market drove the ringgit's decline. He pointed to export proceeds not being converted into ringgit and large capital outflows.
Currency weakness from FX market imbalances raises import costs for Malaysian feed buyers but has limited direct effect on global feed prices.
malaysiakini.comBernamaJan 16, 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.
