Malaysia's Ringgit Snaps Longest Run of Weekly Losses Since 1971

Updated on
  • Currency completes first weekly gain since the middle of June
  • Fed holding interest rates and rising oil price aid ringgit

Malaysia’s ringgit snapped the longest run of weekly declines in more than four decades after the U.S. refrained from raising interest rates and a rally in Brent crude improved prospects for the net oil exporter.

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