Challenges for the ringgit, will face number of issues in 2016,

PETALING JAYA: Although sentiments on the ringgit have improved, the currency will still face a number of issues in 2016, with weak crude oil prices, a volatile external environment and further US rate hikes among the factors that could weigh on its outlook.

The ringgit has been one of the worst-performing currencies this year but it has not been alone as the rupiah faces pressure following the US rate hike. Other currencies that have also been hit include the Brazilian real and the ruble.