Hint of another US rate hike keeps ringgit lower

At 6pm, the local currency stood at 4.2160/2190 versus the greenback from 4.2025/2060 at Monday’s close.

PETALING JAYA: The ringgit fell against the United States dollar at yesterday’s close as the greenback continued strengthening after the US Federal Reserve (Fed) hinted at another interest rate hike this year.

At 6pm, the local currency stood at 4.2160/2190 versus the greenback from 4.2025/2060 at Monday’s close.