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The ringgit ended 2016 at 4.4845/4875 per dollar, depreciating 4.53 percent over the year. Weak oil prices, expectations of US rate normalisation and concerns over China's economy weighed on the currency throughout the year.
The year-end review confirms a persistently weaker ringgit, which keeps the local cost of dollar-priced feed imports elevated heading into 2017.
malaysiakini.comZairina ZainudinDec 31, 2016Not 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.
