Malaysia’s foreign exchange reserves dropped to the lowest level since March 2011, a sign the central bank may have intervened to stem a slide in Southeast Asia’s worst-performing currency.
Ringgit heads for Asia’s worst weekly loss
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The ringgit fell 1% this week to 3.5535 a US dollar as at 12:23 pm in Kuala Lumpur, the biggest loss in Asia, data compiled by Bloomberg show.
