Popularity becomes a drag on the ringgit, rupiah
Already reeling from a commodity slump, debt in the two nations is most vulnerable to developments in the US
Kuala Lumpur
THE popularity of Malaysia's ringgit and Indonesia's rupiah among global investors has made them South-east Asia's most volatile currencies, just as the region heads for troubled waters.
Already reeling from a commodity slump, debt in the two nations is seen by strategists as the most vulnerable to concerns surrounding the US presidential election and the Federal Reserve's next interest-rate increase.
One-month implied volatility in the ringgit, a measure of expected moves in the exchange rate used to price options, is the hi…
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