Malaysian Ringgit becomes the strongest Asian currency

File photo of a customer counting her ringgit notes outside a money changer at the central business district in Singapore

The Malaysian Ringgit has become the strongest Asian currency this quarter by climbing twice as much as the Chinese Yuan. The country’s exports also rose, due to which the economy grew 5.6% this quarter, most since early 2015. Notably, overseas investors purchased $2.48 billion of Malaysian equities marking the biggest stock inflow in Southeast Asia this year.