KUALA LUMPUR: A 49-year-old man lost over RM20,000 to a sperm “lending” scam after being lured by an online advertisement offering payment to sperm donors.
Malaysia's ringgit scaled a near three-year high on Tuesday, piggybacking on a rally in the Chinese yuan after the country's central bank announced broad stimulus measures, with equities in emerging Asian markets also clocking modest gains.
"The currencies which are more linked economically together with China will certainly benefit ... that's sort of in the broader context of why the ringgit has done well today." The start of the U.S. Federal Reserve's easing cycle has benefited risk-sensitive emerging market assets over the past few weeks, with currencies like the ringgit, Indonesia's rupiah and Thailand's baht appreciating substantially.
Ringgit Asian Currency MSCI Central Bank
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