(Bloomberg) -- Malaysia's ringgit was little changed,
holding at the strongest since February 1998, after the government
said its strength remains in line with economic fundamentals.
The local currency added to a nine-week rally as buying by
global investors helped lift the nation's benchmark stock index to
a record close yesterday. An 8 billion ringgit ($2.36 billion) pay
package for civil servants will help spur economic growth this
year, Second Finance Minister Nor Mohamed Yakcop said yesterday.
Read more at Bloomberg Currencies News
holding at the strongest since February 1998, after the government
said its strength remains in line with economic fundamentals.
The local currency added to a nine-week rally as buying by
global investors helped lift the nation's benchmark stock index to
a record close yesterday. An 8 billion ringgit ($2.36 billion) pay
package for civil servants will help spur economic growth this
year, Second Finance Minister Nor Mohamed Yakcop said yesterday.
Read more at Bloomberg Currencies News
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