Ringgit may need more than oil or rates to rally on

KUALA LUMPUR (Jan 19): It may be time to cash in on the ringgit after its best start to a year since 2010.

There’s been no shortage of reasons to buy Asia’s best-performing currency. In addition to rate-hike expectations, an improving economic outlook and a sliding dollar, the ringgit has been given an added boost from a bounce in energy prices — but this may prove its Achilles’ heel.

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