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Top Glove Maker Says Ringgit Decline to Boost Exporters

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Top Glove Corp., the world’s biggest rubber-glove maker, said the retreat in Malaysia’s currency to its weakest level in six years will benefit the country’s exporters.

The stronger dollar “augurs well” for export-oriented businesses, Chairman Lim Wee Chai said in an e-mailed reply to questions from Bloomberg News. A weaker currency makes Malaysian goods cheaper overseas and boosts the value of exporters’ overseas sales at companies such as Top Glove.