Ringgit slips against US dollar after Fed officials hint at unchanged interest rates

Money

Malaysian ringgit and US dollar currency notes are shown in this illustrative photo taken on Aug 15 , 2024. — Picture by Choo Choy May

Monday, 17 Nov 2025 6:50 PM MYT

KUALA LUMPUR, Nov 17 — The ringgit fell against the US dollar today as expectations for a United States interest rate cut in December have waned.

This is due to comments by key Federal Reserve (Fed) officials who signalled that interest rates are likely to remain unchanged.

At 6pm, the ringgit eased to 4.1480/1515 against the greenback from Friday’s close of 4.1290/1345. — Bernama

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