Ringgit Leads Asia Losses as 1MDB Woes Weigh on Nation's AssetsBy
Currency headed for biggest quarterly decline since 1997
Global funds sold net 1.3 billion ringgit of shares last week
The ringgit fell for a fifth day as new allegations against a Malaysian state investment company damped demand for the nation’s assets, just as capital is flowing out of emerging markets ahead of a potential U.S. interest-rate increase.
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