StanChart forecasts ringgit to strengthen to 4.40 against US dollar by end-2025


KUALA LUMPUR: Standard Chartered (StanChart) forecasts the ringgit to reach 4.40 against the US dollar by the end of 2025, maintaining a positive outlook due to favourable positioning for domestic financial assets.

ASEAN and South Asia chief economist Edward Lee said the ringgit has underperformed since 2012 due to cautious sentiment.

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