KUALA LUMPUR: Malaysian palm oil futures edged lower on Wednesday evening as the ringgit strengthened further and hit its highest in nearly two years.
The Malaysian currency rose as much as 0.53 percent against the dollar to 3.8550, its highest since April 2016, bolstered by high oil prices and portfolio inflows. It was last up 0.35 percent at 3.8620 per dollar on Wednesday evening for a third consecutive sessions of gains.
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