Invest Offshore

Tag: HSBC Malaysia

  • Malaysian unit put on short leash

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    by

    Aaron
    in

    Speculators thought the Malaysian currency was a tiger. It turned out to be a kitten. A month after Malaysia unleashed the ringgit from the United States dollar, it has yet to live up to expectations for a sharp rise against the greenback and fat profits for foreign speculators. Instead, it has made only a meek…