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Ringgit Expected to Strengthen in 2024, Analysts Say /
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2024-05-13 00:57:40

Ringgit Expected to Strengthen in 2024, Analysts Say on Nostr: Ringgit's Potential Year-End Appreciation Boosts Malaysian Economy =============== ...

Ringgit's Potential Year-End Appreciation Boosts Malaysian Economy
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#e283bda6 ver:0.31

Experts predict that the Malaysian ringgit has the potential to appreciate by year-end, supported by factors such as higher oil prices and increased foreign investments. This would benefit the Malaysian economy and boost investor confidence. Bank Negara Malaysia is working to preserve stability and prevent excessive depreciation. The ringgit's positive outlook is backed by strong economic fundamentals and positive investor sentiment. Analysts forecast continued strengthening of the ringgit, especially if the US Federal Reserve eases rates. The Malaysian government and BNM remain vigilant to ensure ringgit stability. #Malaysia #economy #ringgit #appreciation...

#newstr #Ringgit #Appreciation #Economy #ForeignInvestments #OilPrices

https://here.news/story/e283bda6?ver=0.31
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