Slightly weaker bias in ringgit as GE14 nears

A dealer said that the US dollar retreated from its six-week high following US President Donald Trump's decision to impose tariffs on steel and aluminium.

KUALA LUMPUR: Polls predict Prime Minister Datuk Seri Najib Tun Razak will be returned to office in next month’s 14th general election (GE14) but a string of political shocks around the world in recent years mean investors are bracing for a range of possible outcomes.

While the ringgit is still Asia’s third-best performer this year, it lost ground this month as uncertainty increases before the May 9 vote.