Malaysian Ringgit Falls as Fear of Radiation Leak in Japan Grows
The Malaysian ringgit weakened today as the nuclear crisis in Japan caused worries that the global economic recovery will slow, reducing appeal of assets of the Asian countries.
Foreign governments has started evacuating of the citizens from Tokyo after US Nuclear Regulatory Commission stated yesterday that the Fukushima
USD/MYR rose from 3.0525 to 3.0555 as of 13:16 GMT today.
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Earlier News About the Malaysian Ringgit:
- Need for Safety Weakens Asian Currencies (2011-03-11)
- Concern for Global Economy Undermine Malaysian Ringgit (2011-03-08)
- Asian Economic Growth Brings Malaysian Ringgit Higher (2011-02-04)
- Malaysian Ringgit Decline with Asian Stocks (2011-01-28)
- Malaysian Ringgit Falls as Economic Growth Slows (2010-11-23)