You are here

Ringgit falls on expected Fitch ratings downgrade

Moody's and Standard & Poor's, comfortable with Malaysia's fundamentals, are keeping their current ratings
Tuesday, June 30, 2015 - 05:50
FOREX3423.jpg
The Malaysian ringgit slipped to 3.783 to the US dollar, its lowest in a decade, ahead of a possible sovereign downgrade by Fitch Ratings.

Kuala Lumpur

THE Malaysian ringgit slipped to 3.783 to the US dollar, its lowest in a decade, ahead of a possible sovereign downgrade by Fitch Ratings.

Greece's dicey position in the eurozone also roiled markets as a deal with international creditors appeared unlikely, prompting