UOB Malaysia Research sees US$-ringgit fair value at 3.90


In its research note issued on Tuesday, it said the key re-rating catalysts for Malaysia’s markets and ringgit upside include clarity on political succession and a positive outcome from FTSE Russell’s review in March 2020. Reuters pic

KUALA LUMPUR: UOB Global Economics and Markets Research's curent estimates of the US$ and ringgit fair value at 3.90 with more room to rise further.

In its research note issued on Tuesday, it said the key re-rating catalysts for Malaysia’s markets and ringgit upside include clarity on political succession and a positive outcome from FTSE Russell’s review in March 2020.

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