Why the ringgit was world’s top performing currency last week, and what this means for Malaysia


KUALA LUMPUR (Sept 23): The ringgit climbed to a 30-month high of 4.1815 against the US dollar on Friday to end the week as the world’s top-performing currency as it rode on the US Federal Reserve’s unexpectedly large interest rate cut that sparked euphoria for markets around the world. The Malaysian currency surged to its [...]

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