Kenanga Research Predicts Ringgit to Reach RM4.42 Against US Dollar by Year-End
===============
#edbf6f6a ver:1.33
Kenanga Research predicts that the Malaysian ringgit will appreciate to RM4.42 against the US dollar by year-end. Factors such as US nonfarm payroll figures, potential rate cuts by the US Federal Reserve, and Malaysia's solid fundamentals contribute to this forecast. The ringgit rebounded in May and is one of the best-performing ASEAN currencies. Inflation rates are expected to remain stable, and the Bank Negara Malaysia is likely to maintain the overnight policy rate at 3.00%. #Ringgit #Appreciation #USdollar #Economy...
#newstr #MalaysianRinggit #UsDollar #ExchangeRate #EconomicOutlook
https://here.news/story/edbf6f6a?ver=1.33
Ringgit Gains Ground Against US Dollar Amid DXY Decline /
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2024-06-11 06:59:32
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wss://relay.damus.ioPublished at
2024-06-11 06:59:32Event JSON
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"content": "Kenanga Research Predicts Ringgit to Reach RM4.42 Against US Dollar by Year-End\n===============\t\n#edbf6f6a ver:1.33\n\nKenanga Research predicts that the Malaysian ringgit will appreciate to RM4.42 against the US dollar by year-end. Factors such as US nonfarm payroll figures, potential rate cuts by the US Federal Reserve, and Malaysia's solid fundamentals contribute to this forecast. The ringgit rebounded in May and is one of the best-performing ASEAN currencies. Inflation rates are expected to remain stable, and the Bank Negara Malaysia is likely to maintain the overnight policy rate at 3.00%. #Ringgit #Appreciation #USdollar #Economy...\n\n#newstr #MalaysianRinggit #UsDollar #ExchangeRate #EconomicOutlook \n\n https://here.news/story/edbf6f6a?ver=1.33",
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