Ringgit Falls Most in 3 Weeks, Bonds Drop on Fitch Outlook Cut

Ringgit Falls Most in 3 Weeks, Bonds Drop on Fitch Outlook Cut

Gillianne Tedder/Bloomberg

Pressure on the ringgit will remain until the external outlook improves and Bank Negara Malaysia will probably defend the ringgit’s 3.25 per dollar level, according to a DBS Group Holdings Ltd. research note today.