Most Read
Most Commented
Read more like this
mk-logo
News
Stocks, ringgit slide as Anwar signals push to oust PM

Malaysia's ringgit fell to a near two-week low on Wednesday after opposition leader Anwar Ibrahim claimed he had a majority in parliament, leading losses for Asian currencies in a week dominated by a stronger dollar and concerns over a coronavirus-driven downturn.

With most of the region's stock and currency markets lower, the Thai baht also lost around half a percent in the run-up to a central bank meeting that kept interest rates at record lows and marginally raised its forecast for 2020 gross domestic product.


Please join the Malaysiakini WhatsApp Channel to get the latest news and views that matter.

Unlocking Article
Unlocking Article
View Comments
ADS