Ringgit May Rebound on Capital Flow Measures, Analysts Say


The Malaysian currency may trade at 3.95 per dollar by year-end, according to Royal Bank of Canada, as Bank Negara Malaysia steps up measures to encourage the repatriation and conversion of companies’ overseas earnings. An analyst at Australia & New Zealand Banking Group sees the ringgit strengthening to 3.80, which would be the highest since 2015.



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