KUALA LUMPUR: The ringgit is expected to strengthen against the US dollar, reaching 4.66 by the end of the second quarter of 2024 (2Q), and further improving to 4.58 by the end of 2024 following increased clarity on the United States (US) Federal Reserve’s (Fed) policy easing.
Accordingly, Standard Chartered Bank (Singapore) Ltd (StanChart Singapore) holds a positive medium-term outlook on the ringgit.
