Ringgit to strengthen against US dollar by year-end, says economist


KUALA LUMPUR: The ringgit is expected to strengthen to the RM4.25 level against the US dollar by the end of the year amid Malaysia’s strong economic fundamentals.

AmBank Group chief economist and Economic Action Council secretary Dr Anthony Dass said economic data is indicating that going into the second half of this year (H2 2022), Malaysia’s business sentiment and manufacturing sector remained positive with growing optimism in business prospects.

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Ringgit , Bank Negara , Anthony Dass , US dollar , FDIs

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