Emerging signs of U.S. economic weakness could guide the ringgit toward 4.70, but given the dollar’s role as a hedge amid political uncertainty, the market may continue to adopt a wait-and-see approach, Kenanga IB said.
Emerging signs of U.S. economic weakness could guide the ringgit toward 4.70, but given the dollar’s role as a hedge amid political uncertainty, the market may continue to adopt a wait-and-see approach, Kenanga IB said.