Gaining ground: An analyst from a local think tank says Malaysians should gain on many fronts from a stronger ringgit.
KUALA LUMPUR: The ringgit is likely to strengthen well below 4.55 against the US dollar next week, said Kenanga Investment Bank Bhd
.
In its ringgit weekly outlook, Kenanga Investment Bank said the optimistic outlook is driven by a combination of factors, including a limited negative impact on the British pound from the Bank of England's recent rate cut and ongoing signs of a United States (US) economic slowdown.
