Malaysian ringgit falls to lowest level in 26 years

KUALA LUMPUR: Malaysia’s ringgit hit its lowest level since the Asian financial crisis on Tuesday (Feb 20), as emerging Asian currencies suffered against the dollar. In trade on Tuesday, the Malaysian ringgit fell nearly 0.3 per cent to almost 4.8 against the greenback, its worst reading since January 1998 during the Asian financial meltdown. The currency … Read more