Ringgit in Longest Losing Streak Since 1971 on Capital Outflows

Updated on
  • Currency falls for a 12th week as Brent adds to declines
  • Bank Negara Malaysia seen maintaining key rate at 3.25% Friday

Malaysia’s ringgit rounded out its worst run of weekly losses in more than four decades as a drop in oil exacerbated the currency’s decline amid capital outflows from emerging markets.

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