Ringgit’s rises fuels rally in Malaysian government securities
Posted Date: December 12, 2017 In November, a resurgence in the strength of the ringgit fuelled a rally in Malaysian Government Securities (MGS). The ringgit ended the month at RM4.0910 against the US dollar, its strongest level year-to-date. With foreign buying interest reignited, foreign holdings of MGS surged 4.6% month-on-month to RM160.3 billion (October 2017: …
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