Malaysia's ringgit scaled a near three-year high on Tuesday, piggybacking on a rally in the Chinese yuan after the country's central bank announced broad stimulus measures, with equities in emerging Asian markets also clocking modest gains.
The ringgit jumped 0.7% to 4.171 per dollar on Tuesday, its highest since late December 2021. The currency is the best performer in the region since the start of the year and eyeing its best year since 2017.
