KUALA LUMPUR: The ringgit, which is at its two-month high at the 3.5 level against the US dollar today, will likely stay at the current level for the medium term, said a trader.
"Going forward, with Bank Negara Malaysia's assurance that interest rates will remain accommodating, Malaysia will remain attractive to foreign investors," he told reporters on the sidelines of the Invest Malaysia 2015 conference here today.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
