PETALING JAYA: The ringgit is expected to come under pressure and weaken against the US dollar immediately after the upcoming 15th General Election (GE15) but is anticipated to improve moving into 2023.
Most foreign exchange strategists are of the view that the ringgit could bounce back and strengthen against the greenback next year, as they expect the US Federal Reserve (Fed) to tone down its hawkish pace of interest rate hikes.
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