Kuala Lumpur, 15 May 2026 – The Malaysian ringgit closed lower against the US dollar as continued expectations of firm United States interest rates kept demand for the greenback intact and weighed on regional currencies.
The local currency remained under pressure as investors assessed the likelihood that US monetary policy may stay restrictive for longer. With the Federal Reserve still focused on inflation risks, market participants have been cautious in shifting away from dollar assets, especially as US yields continue to influence global capital flows.
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