Malaysian economy and BNM
Ringgit has another forecast… RM3.80 by end of 2024. Can happen?
It has been a never-ending positive story for ringgit thus far, at least for the past many weeks. Every other week, we see the ringgit appreciating (actually it’s more of US$ depreciating) and then more good news come. Then, the following week, ringgit reaches a new high versus US$ and then we read more predictions / forecasts. Now, the latest one I read is that by the end of 2024, we will reach RM3.80 to US$1. This is like wow…
