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Ringgit Expected to Strengthen in 2024, Analysts Say /
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2024-05-29 12:02:27

Ringgit Expected to Strengthen in 2024, Analysts Say on Nostr: Ringgit Slips Further as US Consumer Sentiment Boosts Dollar =============== ...

Ringgit Slips Further as US Consumer Sentiment Boosts Dollar
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#e283bda6 ver:0.37

The ringgit has slipped against the US dollar due to positive US consumer sentiment, highlighting the need to monitor its impact on currency markets. Despite this, Bank Negara Malaysia is not considering capital controls. The ringgit's resilience is supported by strong economic fundamentals and positive investor sentiment, with predictions of gradual strengthening. The decline is attributed to the strength of the dollar, emphasizing the importance of monitoring US consumer sentiment's effect on the ringgit. #Ringgit #USdollar #consumer sentiment...

#newstr #Ringgit #UsConsumerSentiment #CurrencyMarkets

https://here.news/story/e283bda6?ver=0.37
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