Worst is over for ringgit?

Some economists say the ringgit, which breached the 4.70-mark against the US dollar in October, may find some comfort in 2023 as the US Federal Reserve is viewed to be less aggressive on its rate hikes.

PETALING JAYA: After a turbulent year for the ringgit, the market has a mixed views on how the local currency would fare in 2023.

Nevertheless, analysts strongly agree on one common point – the ringgit is far from likely to appreciate to the 3.00 to 3.99-mark against the US dollar.