Malaysian ringgit, Thai baht hit by safety flows, growth woes


BENGALURU: The Malaysian ringgit and Thai baht led losses among emerging Asian markets on Tuesday, as an elevated U.S. dollar and recession worries undermined the currencies.

The ringgit was down 0.1% to hit its weakest since March 2017 while the Thai baht also slipped 0.1%. The Indian rupee hit a seventh straight session of record lows as well, on dollar strength.

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Ringgit , US dollar , inflation , Asian currencies

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