Rupiah and Ringgit Have Best Weekly Gains in More Than a Decade

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  • Fed speculation, rising share and commodity prices drive rally
  • Rebound isn't supported by fundamentals: Standard Chartered

The rupiah and the ringgit completed their best weekly gains since 2001 and 1998 respectively as Indonesia and Malaysia benefited from rallying share markets, rebounding commodity prices and signs the Federal Reserve won’t raise interest rates this year.

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