KUALA LUMPUR: The ringgit is likely to face continuous pressure despite Fitch Ratings’ upgrading Malaysia’s sovereign rating outlook to stable from negative.
International online forex broker ForexTime Ltd’s chief market analyst Jameel Ahmad said the ringgit was now entering the third quarter and edging very close to an anticipated US interest rates increase.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!