The Malaysian Ringgit has been falling against its U.S. counterpart in Asia on Thursday. The ringgit fell to 3.1720 against the greenback, its lowest level since July 2. If the ringgit slips further, it may target 3.18 level. The dollar-ringgit pair ended yesterday's deals at 3.1529.
The Malaysian central bank will conclude its monetary policy meeting and then announce its decision on interest rates. The bank is widely expected to keep rates on hold at 3.00 percent.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.