Ringgit Falls To 26-Year Low

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🇲🇾 🇲🇾 Ringgit Falls To 26-Year Low: The ringgit’s weakness is due to a “combination of the strong US dollar, a negative rate spread against the ringgit, Malaysia’s anemic economic performance, and persistent questions about the durability of Malaysia’s coalition government,” said Alvin Tan, head of Asia FX strategy at RBC Capital Markets in Singapore
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