(Bloomberg) -- The Malaysian ringgit gained to the strongest in nine years on speculation a rally in the nation's stocks will boost demand for the currency. Government bonds were little changed.
The ringgit extended a four-week rally as the benchmark equity index rose for a third day to within less than a point of its highest close since January 1994. Second Finance Minister Nor Mohamed Yakcop said on April 13 the stronger ringgit hasn't hurt exports as the gain has been gradual and will be ``stable.''
Read more at Bloomberg Currencies News
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