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Ringgit falls on expected Fitch ratings downgrade
Moody's and Standard & Poor's, comfortable with Malaysia's fundamentals, are keeping their current ratings
Published Mon, Jun 29, 2015 · 09:50 PM
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 further caution.
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