Volatile days ahead for Asian currencies


At 9 am(0100gmt), the local note was traded at 4.4230/4270 against the greenback from Monday's close of 4.4250/4280.

PETALING JAYA: Asian currencies are expected to be volatile after rallying for two months driven by the weaker US dollar.

The greenback slipped against many currencies in Asia including the ringgit yesterday, even as the market prepared for another interest rate hike from the US Federal Reserve.

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