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Maroc Maroc - NST.COM.MY - A La Une - 02/Jul 09:18

BMI: Ringgit likely to appreciate substantially in Q4, to reach 4.55 by year-end [BTTV]

KUALA LUMPUR: The ringgit will appreciate later this year, rising from RM4.70 currently to RM4.55 against the US dollar by end-2024, with narrowing interest rate differentials with the US and a relatively strong growth outlook supporting the currency, said BMI Research.

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