PETALING JAYA: The ringgit will strengthen further against the US dollar going into 2007, in tandem with other major regional currencies, mainly on a better outlook for Asian economies, said economists.
RAM Consultancy & Services chief economist Dr Yeah Kim Leng told StarBiz he was “comfortable” with a 2% to 3% annual appreciation of the ringgit. He expected the local unit to touch 3.40 to 3.45 by end-2007.
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