Ringgit slides further against US dollar | The Malaysian Insight

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Ringgit slides further against US dollar

Experts believe the ringgit will continue to trend downwards against the US dollar, driven by sentiments rather than fundamentals. – The Malaysian Insight file pic, September 26, 2022.

Bank Islam Bhd chief economist Firdaos Rosli said the US dollar index emerged stronger, hitting 113.19, on the expectation of more aggressive tightening as flagged by the US Federal Reserve during its recent September meeting.

 

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