PETALING JAYA: There is strong potential for the ringgit to strengthen against the US dollar by next year although the first quarter of 2024 (1Q24) could still see some elevation in the US dollar-ringgit exchange rate owing to existing high United States interest rates and slower economic recovery in China.
Saktiandi Supaat, who is the forex research head at Malayan Banking based in Singapore, told StarBiz he expects the ringgit to strengthen against the US dollar in 2024
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