KUALA LUMPUR : The selldown of equities in China and the continued weakening of the yuan is reflective of far reaching concerns which caused commodities and regional currencies including the ringgit to tumble to fresh lows, say analysts.
The ringgit was last traded at RM4.395, having fallen to as low as RM4.43 earlier. Brent crude hit a new 11-year low while crude palm oil (CPO) prices also fell from a recent high.
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