Ringgit Drops to Two-Month Low as Minutes Boost U.S. Rate Bets

  • Malaysia central bank to hold policy on Thursday, survey shows
  • Fed outlook ‘major driver’ of ringgit: Brown Brothers’ Murata

Malaysia’s ringgit slid to the weakest level in two months after minutes of the Federal Reserve’s April meeting boosted speculation U.S. policy makers will raise interest rates as soon as next month.

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