Ringgit Seen at RM4.00-RM4.20 vs USD by Yr-End: Amundi
6 mins·09:20, 8 Jun 2017
Ringgit Seen at RM4.00-RM4.20 vs USD by Yr-End: Amundi
6 mins
·
09:20, 8 Jun 2017
·
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Amundi's CIO of Islamic, Tutiana Jusat, cites Bank Negara forex measures, USD weakness and structural economic strengths pushing the local csurrency nearer to RM4.00 levels to the US Dollar by year end.
US DollarsRinggitappreciationvolatilitymarketforeign exchangeFOREX markethedginguncertaintyUS Federal Reserveinterest rates hikeforeign inflowbondsemerging marketMalaysiaJames CoveyUK electionsQatareconomic growthexportsfiscal reformoil subsidyGST
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