Commodity rally to support ringgit


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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.

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