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Ringgit to stay healthy vs USD, full year average at 4.33, says Ambank Research

Mimi Sabreena 9:19:00 AM Informasi

KUALA LUMPUR (Sept 8): AmBank Research expects the ringgit expected to stay healthy versus the US dollar (USD) with its fair value between 4.12 – 4.15 against the USD, with its full-year average outlook at 4.33.

In an economic update today, AmBank group chief economist Anthony Dass said the decision to leave the overnight policy rate (OPR) unchanged at 3.00% by Bank Negara Malaysia (BNM) fell in line with his expectations.

“Also, we saw no changes to the statutory reserve requirement which is at 3.50%.

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