KUALA LUMPUR, Dec. 14 (Xinhua) -- Research houses have in recent reports foreseen the Malaysian ringgit (MYR) to recover in 2024 on resilient economic fundamentals.
MIDF Research said that it expects USD/MYR to average at MYR 4.38 and reach MYR 4.20 by year-end 2024.
Fundamentally, it said the ringgit is in a good position to strengthen in 2024 and 2025 given the domestic economy is expected to stay on an