KUALA LUMPUR, Jan. 13 (Xinhua) — BMI Country Risk and Industry Research has revised its Malaysian ringgit forecast and expected the ringgit to appreciate from 4.50 ringgits against the U.S. dollar currently to 4.40 ringgits against the dollar by end-2025.
The Fitch research unit said in a recent note that it expects interest rate differentials between the U.S. and Malaysia to narrow in favor of the ringgit.
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