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The Financial Markets Committee said the ringgit has been stable amid US policy uncertainty ahead of the Trump administration. Average intraday ringgit movement narrowed to about 61 points from 82 in December, and FX trade totalled US$10.7 billion in early January.
Reduced ringgit volatility lowers hedging costs for Malaysian feed importers, a modest positive for their purchasing predictability.
nst.com.myBernamaJan 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.
