Ringgit set for worst month since January on Fed stimulus bets

Malaysia’s ringgit was poised for its biggest monthly drop since January and sovereign bonds declined as speculation the Federal Reserve will reduce stimulus damped demand for emerging-market assets. US consumer confidence climbed to the highest level in more than five years and home prices advanced by the most in seven, according to reports after Fed … Continue reading Ringgit set for worst month since January on Fed stimulus bets