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HLIB Research forecasts ringgit to trade at RM3.90-4.10/USD in 2018

Mimi Sabreena 9:28:00 AM Informasi

KUALA LUMPUR (Sept 11): Hong Leong IB Research said it is turning mildly positive on ringgit after the recent sharp rebound.

In an economic note today, the research house said it sees the ringgit appreciation bias to be sustained by a confluence of domestic and external factors.

“Externally, the process of synchronisation of global growth and monetary policy will continue to exert weakness in US dollar while firmer oil prices will boost the ringgit.

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