Malaysia’s Ringgit Heads for Worst Drop Since 1998 Amid Outflows

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A chef cooks fried noodles at a food stall in a market in Johor Bahru, Johor, Malaysia.

Photographer: Sanjit Das/Bloomberg

Malaysia’s ringgit headed for the biggest drop since 1998, extending an eighth week of declines as falling oil prices and political turmoil spur capital outflows.

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