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Ringgit at a Seven-Month Low — Rebound or More Pain Ahead?
Published 1 month, 2 weeks ago
Description
The ringgit was Asia's worst-performing currency in June, sliding 4.5% to a seven-month low as a hawkish Fed under new chairman Kevin Warsh keeps the dollar bid. Saktiandi Supaat, Head of FX Research, Global Markets at Maybank, unpacks what the Fed's split committee means for US rates, whether Bank Negara's measures to attract FX inflows are working, and where USD/MYR heads through 2026 — with the OPR decision and two state elections in the mix.
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