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Ringgit undervalued by 28%: Mobius
Published Tue, Mar 15, 2016 · 09:50 PM
Kuala Lumpur
FRANKLIN Templeton's Mark Mobius said on Tuesday that Malaysia's currency is undervalued by 28 per cent, which makes the country an attractive prospect for investors looking at South-east Asian economies.
The ringgit was Asia's worst performing currency last year when it lost 18.5 per cent to the dollar. It has since stre…
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