Malaysia’s currency surges to 13-year high
HONG KONG (MarketWatch) — Malaysia’s currency surged to a 13-year high Thursday after the central bank eased foreign exchange rules and as China began trading the currency on its domestic foreign exchange interbank market. Bank Negara announced Wednesday the lifting of restrictions such that the ringgit can be used as a currency of settlement for international trade. The changes also reported …
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Malaysia’s currency surges to 13-year high