(Bloomberg) -- Malaysia's ringgit rose for a second
day on speculation Asian currencies will benefit from China's
decision to widen the yuan's trading band.
The ringgit traded at 3.3951 against the dollar as of 8:25
a.m. in Kuala Lumpur, from 3.3975 on May 18, according to data
compiled by Bloomberg. The currency has risen for nine
consecutive weeks.
Read more at Bloomberg Currencies News
day on speculation Asian currencies will benefit from China's
decision to widen the yuan's trading band.
The ringgit traded at 3.3951 against the dollar as of 8:25
a.m. in Kuala Lumpur, from 3.3975 on May 18, according to data
compiled by Bloomberg. The currency has risen for nine
consecutive weeks.
Read more at Bloomberg Currencies News
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