Ringgit Declines for Fourth Day as 1MDB Default Drags on StocksBy
Benchmark share index closes at lowest level in six weeks
Malaysia credit risk rises as 1MDB's dollar bonds slide
The ringgit fell for a fourth day in its longest stretch of losses since November and stocks dropped to a six-week low as troubled state investment company 1Malaysia Development Bhd. confirmed it’s in default after missing an interest payment on bonds.
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