Fact Sheet - July 6: Ringgit down to 16-year low amid Najib crisis

According to Bloomberg Malaysia’s ringgit fell to the weakest level since a dollar peg was scrapped in 2005, as the government probes reports that Prime Minster Najib Abdul Razak misappropriated funds.<br /><br />The currency dropped 0.6 percent to 3.8025, versus the greenback.