Few expect the ringgit to regain all the ground lost last year. Bernama pic
PETALING JAYA: The higher price of crude oil is whetting investors’ appetite for Malaysian stocks and bonds, with the huge inflow of funds from overseas helping to fuel the ringgit’s outperformance against its regional peers.
The local currency hit an eight-month high of RM3.87 against the dollar yesterday as stock prices on Bursa Malaysia continued to climb.
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