The Edge Malaysia·3 min read·medium
Ringgit may rebound on capital flow measures, analysts say
✦AI Summary
Analysts expect the Malaysian ringgit to rebound following central bank measures to encourage foreign-exchange inflows and strong economic fundamentals. The currency is projected to strengthen as Malaysia benefits from a trade surplus and increased demand for local assets.
BURSA SGX Home Currency Make The Edge Malaysia your preferred source on Google (July 6): The ringgit is poised for a rebound after ending June as Asia’s worst performer, with measures to boost foreign-exchange inflows and strong economic fundamentals expected to support the recovery, analysts say.
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