Why Is The Ringgit Going Up?

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🇲🇾 🇲🇾 Why Is The Ringgit Going Up? Investors are snapping up Malaysian bonds without resorting to hedging, supercharging a rally in the country’s currency that’s Asia’s top performer this year. Global funds bought 8.1 billion ringgit ($1.9 billion) of Malaysian government bills and bonds in August, the largest inflows since July 2023

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