Ringgit Bears Emerge as Traders Weigh a Rate Cut in Malaysia [Yahoo! Finance]

CREDIT AGRICOLE UNSP/ADR (CRARY)
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Source: Yahoo! Finance
Most Read from Bloomberg ICE Eyes Massive California Tent Facility Amid Space Constraints How Britain's Most Bike-Friendly New Town Got Built The Dark Prophet of Car-Clogged Cities Washington, DC, Region Braces for ‘Devastating' Cuts from Congress Saving the Signature Sound of Washington, DC After being largely range-bound this year, the Malaysian ringgit may fall to 4.6 per dollar by end-June, according to analysts at Credit Agricole and Malayan Banking Bhd. The currency strengthened 0.3% to 4.4350 in early trading Monday, paring last week's loss. “Slowing global trade as well as Chinese and Malaysian growth due to Trump tariffs could force Bank Negara Malaysia to cut rates late in 2025,” said David Forrester, a senior strategist at Credit Agricol
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