Loading…
Bank Negara's new onshore hedging and FX rules limit exporters to retaining 25% of export proceeds in foreign currency and cap hedging tenor at six months. Banks and treasurers criticised the rules, which may increase pressure on the ringgit.
Tighter hedging rules raise costs and uncertainty for Malaysian importers of feed, adding upward pressure on the USD cost base.
gfmag.comDarren StubingJan 18, 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.
