SINGAPORE (Oct 3): The Malaysian ringgit fell the most in a week this year, with USD rising 0.5% against it to 4.2308, the most since December 2016.

See: Ringgit falls most in a week this year

Last week’s fall came on the back of higher US Treasury yields boosting the USD and the highest sale of Malaysian equities in 10 months, according to Bloomberg.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook