Ringgit in fourth weekly advance


  • Banking
  • Saturday, 18 Apr 2015

KUALA LUMPUR: Malaysia’s ringgit advanced for a fourth week, the longest rally since July, as oil prices rose and on speculation the United States will delay interest-rate increases that could trigger outflows from emerging markets.

Brent crude was poised its biggest five-day gain since 2009, easing concerns about a drop in revenue for the oil- exporting nation.

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