Ringgit retreats most in 7 weeks


KUALA LUMPUR: The ringgit fell the most in seven weeks after China’s exports unexpectedly declined and US jobs data spurred speculation the stimulus would be trimmed further.

The currency halted a four-day rally following a Saturday report that showed shipments from China, Malaysia’s second-biggest overseas market, declined 18.1% from a year earlier, the most since 2009.

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