Wed, 30 Jan 2013 07:35:03 GMT
Ringgit rose on speculation Fed may maintain monetary stimulus
Malaysia's Ringgit gained the most in 3 weeks as demand for emerging-market assets increased on speculation that the Fed will keep monetary stimulus. The Ringgit strengthened as much as 0.3% to 3.0751 per U.S. Dollar at 9:34 in Kuala Lumpur, snapping January's loss to 0.5%. One-month implied volatility increased 8 basis points, or 0.08 percentage point, to 6.31%.