Malaysia: Ringgit rallies against US dollar, jumps 360 basis points
KUALA LUMPUR, Aug 30 — The ringgit ended stronger against the US dollar as fears over tapering by the US Federal Reserve (US Fed) wane with a longer path to higher rates expected. At 6pm, the local note jumped 360 basis points to 4.1530/1575 versus the greenback from Friday’s close of 4.1890/1930. Bank Islam Malaysia […]
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