ASIA, December 19, 2016 (Bloomberg): Malaysia’s ringgit touched the lowest level since the Asian financial crisis as investors continue to sell down emerging-market assets and after a crackdown on currency speculators last month exacerbated outflows.

The ringgit declined as much as 0.1 percent to 4.4805 per dollar, a level unseen since January 1998, according to prices from local banks compiled by Bloomberg, before paring losses to trade little changed at 4.48at 9:52 a.m. in Kuala Lumpur.