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KUALA LUMPUR: AmBank Economic Research is forecasting the ringgit to appreciate further to around RM4.5 by the year-end against the US dollar due to a combination of factors, including the potential narrowing interest rate differentials between the currencies which is more beneficial to the local unit.
KUALA LUMPUR, March 11 — The collaboration among Bank Negara Malaysia (BNM), government-linked companies (GLCs) and government-linked investment companies (GLICs) is seen as...
KUALA LUMPUR: The lower Overnight Policy Rate (OPR) increase by Malaysia as compared to the Philippines, Indonesia, Korea and India is one of the main reasons for the ringgit's decline, says Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR: The ringgit ended almost unchanged but stayed up against the US dollar today amid cautious sentiment after last week's winning streak, an economist said.
PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim wants efforts to reduce the country's fiscal deficit to continue so that future generations will not be burdened.