Malaysia's Ringgit Little Changed Before Today's Interest-Rate Decision

(Bloomberg) -- The Malaysian ringgit was little
changed before a central bank meeting today that's forecast to
keep interest rates on hold. Bonds may drop before two debt
sales this week.

The local currency has risen 0.9 percent in the past month
as the finance ministry last week said its strength remains in
line with economic fundamentals. Bank Negara Malaysia said a
stronger ringgit has mitigated the impact of higher oil prices.


Read more at Bloomberg Currencies News