Ringgit, baht lead Asian FX lower as dollar firms on trade optimism


The Malaysian ringgit and Thailand's baht led losses among subdued Asian currencies on Friday, as a firmer dollar weighed on sentiment, while regional shares steadied after a U.S.-UK trade deal sparked hopes for broader diplomatic progress.

The ringgit fell as much as 1.1% to 4.322 per dollar, its weakest point since May 2, snapping a five-week winning streak with a sharp weekly decline of nearly 3%.

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