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The ringgit firmed against the US dollar as the market awaited Bank Negara Malaysia's overnight policy rate announcement scheduled for Thursday. The article is a brief market headline with no further detail.
A firmer ringgit lowers the ringgit cost of dollar-priced feed imports such as soymeal and corn, modestly easing Malaysian feed costs ahead of the policy decision.
Not 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.