Fact Sheet - July 6: Ringgit down to 16-year low amid Najib crisis

KiniTV 2015-08-03

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According to Bloomberg Malaysia’s ringgit fell to the weakest level since a dollar peg was scrapped in 2005, as the government probes reports that Prime Minster Najib Abdul Razak misappropriated funds.

The currency dropped 0.6 percent to 3.8025, versus the greenback.

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