Another 25 basis points (bps) hike in the overnight policy rate (OPR) announced by the Bank Negara Malaysia (BNM) Wednesday has signalled Malaysia’s sanguine economic prospects, driven by strengthening domestic demand and strong exports growth, says MIDF Research
The ringgit is expected to fare better in the fourth quarter (Q4) of the year due to improving growth in China as well as in anticipation of a pause in the United States Federal Reserve’s rate hike and strong recovery of the Malaysian economy
KUALA LUMPUR, July 5 The ringgit is expected to fare better in the fourth quarter (Q4) of the year due to improving growth in China as well as in anticipation of a pause in the.