KUALA LUMPUR: The ringgit is set to extend its recent gains as strong domestic spending and the government’s fiscal prudence cushion the blow from US tariffs, Second Finance Minister Datuk Seri Amir Hamzah Azizan says.
The currency may strengthen to “just below” four ringgit versus the dollar in 12 months, Amir Hamzah said in an interview with Bloomberg Television’s Haslinda Amin last Sunday. That would represent a more than 5% gain that takes the currency to its strongest closing level since 2018.
