Ringgit Seen at RM4.00-RM4.20 vs USD by Yr-End: Amundi

Tutiana Jusat, Chief Investment Officer for Fixed Income, Amundi Islamic Malaysia

08-Jun-17 09:20

Ringgit Seen at RM4.00-RM4.20 vs USD by Yr-End: Amundi

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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.

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Tags: US Dollars, Ringgit, appreciation, volatility, market, foreign exchange, FOREX market, hedging, uncertainty, US Federal Reserve, interest rates hike, foreign inflow, bonds, emerging market, Malaysia, James Covey, UK elections, Qatar, economic growth, exports, fiscal reform, oil subsidy, GST

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