Persian Gulf tensions hit equities and ringgit

Persian Gulf tensions hit equities and ringgit

The Malaysian Reserve-Markets·2020-01-09 11:29

The decline in equity and ringgit are moderated by higher oil prices and domestic economic resilience, says Yeah

RISING tensions in the Persian Gulf saw investors moved to a “risk off” position in favour of safe-haven assets including gold and the US Dollar as energy prices rose in tandem.

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