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Recent fall in RM could set tone for more weakness

Thursday, January 7, 2016 - 05:50

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The gathering speed in the weakening of the Chinese yuan, stubbornly low oil prices and stronger greenback amid rising tension in the Middle East has hit Asian currencies badly, although none so hard as the Malaysian ringgit.

Singapore

THE gathering speed in the weakening of the Chinese yuan, stubbornly low oil prices and stronger greenback amid rising tension in the Middle East has hit Asian currencies badly, although none so hard as the Malaysian ringgit.

The ringgit led the slide in Asia this week on

sentifi.com

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