Ringgit falls as US data signal higher Fed rates


Kuala Lumpur: The ringgit fell the most this week since December as improving US data added to speculation the US Federal Reserve will raise interest rates, reducing demand for emerging market assets.

The ringgit declined along with other Asian currencies as the Bloomberg US Dollar Spot Index climbed 0.9% in the strongest weekly performance since November.

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Business , ringgit , bond , federal reserve

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