Ringgit may continue to weaken through 2022, even as economy recovers: analysts

Kuala Lumpur

THE ringgit will likely continue to weaken against the greenback next year even as Malaysia's economy recovers, with the currency's outlook hurt by a more hawkish US Federal Reserve, analysts said.

The ringgit is forecast by Fitch Solutions to trade at an average of 4.20 per US dollar in 2022, down from an average of 4.15 this year.