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Malaysian Ringgit's Recent Tumble Spurs Expectations Of Intervention: Bloomberg
Sunday, July 9, 2023 - 9:26pm | 388The Malaysian ringgit’s slide towards a 24-year low has raised expectations that the Bank Negara Malaysia (BNM) will intervene to halt the decline. The currency has fallen more than 5% in the past three months, underperforming all its emerging Asian peers due to domestic political...