Most monitored Asian currencies weakened against the US dollar on Friday, with the Malaysian ringgit down 0.30% and the Indonesian rupiah down 0.19%. The Korean won and Taiwan dollar gained, while the US dollar index also edged lower amid pressure from a Wall Street selloff.
Currency moves can alter the local cost of imported feed, but the mixed regional performance offers no single broad direction for Asian buyers. The ringgit and rupiah losses point to higher import costs in Malaysia and Indonesia, respectively.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.