US dollar weakness seen persisting in short term


KUALA LUMPUR: The persistent weakness in the US dollar is surprising and could continue to persist in the short term, said Standard Chartered Bank’s global chief economist David Mann.

“The US dollar’s recent weakness has caused many people’s year-end targets to be hit within the first month of the year. We only upgraded a 0.2% gross domestic product (GDP) forecast to our 2018 forecast for the US.

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Business , US dollar , ringgit , currency , growth , GDP , US , interest rate

   

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