Ringgit

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BMI Revises Ringgit Forecast to RM4.00 per USD by End-2024 Amid Strong Q3 Performance

BMI Country Risk & Industry Research (BMI), a unit of Fitch Solutions, has revised its end-2024 forecast for the ringgit to RM4.00 per USD, up from its previous estimate of RM4.55 per USD, reflecting the currencyโ€™s robust performance in Q3 2024. The revision comes amid narrowing yield differentials with the United States (US) and a relatively resilient growth outlook for Malaysia. Positive...

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