Emerging Asian currencies broadly declined Thursday as the US dollar strengthened following the Federal Reserve’s latest policy meeting. The ringgit experienced a particularly sharp drop, reaching a six-month low against the dollar. While the Fed maintained its current interest rates, updated economic projections revealed that a significant portion of policymakers anticipate at least one rate increase before the end of the year. This hawkish signal—indicating a potential tightening of monetary policy—boosted the dollar’s value. Investors reacted to the possibility of higher US interest rates, shifting funds towards dollar-denominated assets. The market is now closely watching economic data for further clues about the Fed’s future actions and the potential impact on regional currencies.