Malaysia-based long-haul low-cost carrier AirAsia X reported a 2015 second-quarter net loss of MYR133 million ($35.2 million). The carrier partly attributed the losses partly to a foreign exchange (Forex) loss of MYR28 million, compared to a Forex gain of MYR20 million in the year-ago quarter. The airline said the Malaysian ringgit (MYR) had depreciated 13% year-on-year against the US dollar in 2Q 2015. It pointed out that every MYR0.10 movement in the exchange rate resulted in either ...

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