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M'sian stocks, ringgit surge after Fitch maintains rating

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Malaysia's equities and currency enjoyed a boost on Wednesday after Fitch Ratings affirmed the sovereign's long-term foreign currency rating at A- and revised the outlook upwards from negative to stable.

Kuala Lumpur

MALAYSIA's equities and currency enjoyed a boost on Wednesday after Fitch Ratings affirmed the sovereign's long-term foreign currency rating at A- and revised the outlook upwards from negative to stable.

The ringgit strengthened to 3.73 against the US dollar from 3.77