Positive outlook for the ringgit

By GANESHWARAN KANA

CLICK TO ENLARGECLICK TO ENLARGE

PETALING JAYA: Expectations of recovery in global trade and commodity demand offer a positive outlook for the ringgit, which has gradually strengthened against the US dollar since late-March.

Being a commodity-linked currency, experts believed the ringgit would continue to ride on the improvement in crude oil prices that has sustained for nearly two months.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Subscribe

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Subscribe

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only

Subscribe
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!

ringgit , forex , crude oil , global recovery , MIDF Research

   

Report it to us.

Next In Business News
Asian stocks meander, yen at 5-month low in thin year-end trading
Property biz requires more policy moves
Japan's Nikkei hits two-week high, Toyota rises for third day
Sunzen Biotech changes name to Sunzen Group
FBM KLCI surges on year-end window dressing, led by TNB's strong gains
Hong Kong home prices edge up 0.07% in November
China's industrial profits decline at slower pace in Nov
Inflation in Japan's capital accelerates, keeps rate hike prospects intact
China to keep anti-dumping duties on n-butanol imports from Taiwan, Malaysia and US
CCK shares rise after special dividend announcement

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.