Malaysia: Budget 2021- clearer signs of economic recovery needed to boost ringgit


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KUALA LUMPUR, Nov 1 (Bernama): With Budget 2021 expected to be the most challenging amid uncertainties, more clearer signs of economic recovery is needed for the ringgit to move higher.

Bank Muamalat Malaysia Bhd economist Izuan Ahmad said whether the ringgit would strengthen would depend on the actual success factors pertaining to the containment of COVID-19.

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