Malaysia’s Ringgit Erases Covid-19 Losses to Rise to Strongest Since 2018
This article is for subscribers only.
Malaysia’s ringgit climbed to the strongest since July 2018, erasing its virus-fueled losses for the year.
The currency rose as much as 0.3% to 4.0483, as it breached the year’s previous high of 4.0515 against the dollar reached in January. The gains came amid weakness in the greenback and a recent advance in crude prices.