The Malaysian ringgit slumped the most in two weeks on Thursday against the world’s reserve currency as the country’s central bank is set to implement a policy decision, according to Bloomberg.
Ringgit
Ringgit advances against greenback, additional rivals
The currency of Malaysia rose to its highest level since the end of 2013 against the world’s reserve currency as confidence strengthened that the central bank of the Asian nation will increase the policy rate for the first time in about 36 months, according to Bloomberg.