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Ringgit, Korean won hit lows, Sing$ rebounds
Published Thu, Jan 29, 2015 · 09:50 PM
Singapore
MOST emerging Asian currencies fell on Thursday as the US Federal Reserve appeared on track to raise interest rates this year while there are risks that regional central banks instead may ease monetary policies.
The Malaysian ringgit hit a near six-year low as an overnight slide in oil prices highlighted concerns that slumping crude market will hurt the country's current account surplus and increase its fiscal deficit.
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