RM4 to the dollar seen

The ringgit has fallen to the lowest level in the last six years and closed at 3.73 to the US dollar yesterday.

Ringgit expected to weaken on expectation of US rate hike

KUALA LUMPUR: The ringgit is expected to weaken to the 4.00-level versus the US dollar in the next six months as investors anticipate a hike in the benchmark US federal funds rate.