Commodity rally to support ringgit


CLICK TO ENLARGECLICK TO ENLARGE

PETALING JAYA: Prices of various commodities have been on the rise, and as a producer of some of these commodities, Malaysia is a beneficiary of the price uptrend through higher proceeds from exports.

This should also translate into a stronger ringgit, giving a boost to the currency that has largely traded sideways above the RM4.10 mark against the United States dollar since March 2021.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

ringgit , oil , palm oil , tin , Lee Heng Guie ,

   

Next In Business News

Decarbonising cement: Are we ready?
After a homeowner passes
A stinky nuisance: When septic tanks burst
Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Sapura Energy ‘in a good place now’

Others Also Read