(Bloomberg) -- The Malaysian ringgit gained to a nine-year high on speculation a rally in stocks will boost demand for the currency. Government bonds were little changed.
The ringgit extended a four-week advance as the benchmark equity index rose for a third day to near 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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