Ringgit at risk on speculation of Malaysia govt fund's debts
Talk is that 1MDB will need a bailout
Sat, Feb 28, 2015 - 5:50 AM
MALAYSIA'S task in propping up Asia's worst-performing currency just got a lot tougher. The cost of options protecting against further ringgit declines approached a 1 1/2-year high on speculation that 1Malaysia Development Bhd, the state investment fund, will need a bailout....