Ringgit, emerging market currencies slip against US dollar amid Fed rate uncertainty

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KUALA LUMPUR, Nov 14 — The ringgit, along with other emerging market currencies, continued to depreciate against the greenback on Thursday as uncertainties over Trump 2.0...

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Michelin Guide Kuala Lumpur and Penang 2025: Two new restaurants earn one star and the first Green star is given to DewakanAt 6pm, the local note slid to 4.4840/4870 against the US dollar compared with Wednesday’s close of 4.4450/4495. — Picture by Hari AnggaraKUALA LUMPUR, Nov 14 — The ringgit, along with other emerging market currencies, continued to depreciate against the greenback on Thursday as uncertainties over Trump 2.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the “bottom line is about the US interest rate decision, ie, whether the Fed will continue to cut rates in 2025, pause or even raise them.”

 

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