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KUALA LUMPUR, Feb 27 — The ringgit is expected to hit 4.20-4.40 against the US dollar by year-end in view of the United States (US) Federal Reserve’s (Fed) likely interest rate...
KUALA LUMPUR: The ringgit strengthened against the US dollar on Tuesday as assurances from the government and Bank Negara Malaysia regarding the ringgit's valuation calmed market concerns.
KUALA LUMPUR: The ringgit is expected to hit 4.20-4.40 against the US dollar by year-end in view of the United States (US) Federal Reserve’s (Fed) likely interest rate cut decision in anticipation of an economic recession in the US this year, said Capital Dynamics Asset Management Sdn Bhd managing director Tan Teng Boo.
PETALING JAYA: The ringgit’s poor performance can be attributed to a lack of competitiveness in Malaysia over the past 28 years, says a World Bank economist.