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View Full Version : Ringgit Weakens on Inflation, Greece Downgrade; Bonds Advance - Bloomberg



NewsWhore
05-10-2011, 06:20 AM
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Ringgit Weakens on Inflation, Greece Downgrade; Bonds Advance (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFT6owKldkps7Yi53mIdoqflXQuug&url=http://www.bloomberg.com/news/2011-05-10/ringgit-weakens-on-inflation-greece-downgrade-bonds-advance.html)
Bloomberg
The currency dropped 1.4 percent last week as Standard & Poor&#39;s cut Greece&#39;s credit rating and China sought to rebuff US pressure for faster yuan appreciation. Malaysian bonds advanced before an auction. “The market is worried that slowing spending ...

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