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Bank Negara Malaysia kept its overnight policy rate at 3.00 percent at its first 2017 meeting, as widely expected. The central bank cited strong household demand, higher inflation prospects and a weak ringgit.
Steady rates with inflation expected to rise keep the ringgit under pressure, which can lift the local cost of imported feed.
econotimes.comFxWirePro TeamJan 19, 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.
