PETALING JAYA: Experts are primarily upbeat about the prospects of Malaysia’s overall economic growth in the last quarter (4Q24), highlighted by the recent strengthening of the ringgit, with MIDF Research believing the local note could dip below RM4 against the dollar next year.
The research house forecasts the ringgit to hit RM4.03 to the greenback by year-end, noting that the FBM KLCI has also shown steadier growth in comparison to its Asean peers.
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