Ringgit to see largest two-day loss since 1997-98 crisis as oil slides


  • Nation
  • Monday, 01 Dec 2014

SINGAPORE: Malaysia's ringgit was set on Monday to suffer its biggest two-day slide since the 1997-98 Asian financial crisis as tumbling oil prices threatened to undermine the oil exporter's economy. 

The ringgit fell 2.4 percent to 3.4300 per dollar as of 0653 GMT from Thursday's close of 3.3465, according to Thomson Reuters data. 

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