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Malaysia's currency curbs boomerang as capital flees bond markets

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The ringgit was the weakest currency in emerging Asia last year after China's yuan.

Singapore

WHEN Malaysia forced foreign investors in its markets to stop dabbling in offshore derivatives in its currency last year, its target was speculative pressure on the ringgit, but it appears to have shot itself in the foot.

The ringgit was the weakest currency in emerging

sentifi.com

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