ringgit

The 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...

Following the appointment of Anwar Ibrahim as Malaysia’s new prime minister, the Ringgit jumped for the second day in a row by as much as 0.9% against the dollar, making it the best-performing currency in Asia, according to a Bloomberg report. On Thursday, the Malaysian currency appreciated 1...

Forgive for taking liberties with Prince songs, but at least the iShares MSCI Malaysia ETF (NYSE: EWM) existed in 1998 during the dark days of the Asian Financial Crisis. The lone Malaysia exchange traded fund actually debuted in the first quarter of 1996. That is relevant because Malaysia'...