Ringgit to strengthen towards 4.00 vs US dollar by end 2020: Economists

The ringgit is expected to strengthen further towards 4.00 versus the US dollar by the end of 2020, despite negative headwinds and near-term volatility.

RHB Research economist Ahmad Nazmi Idrus said the positive development coming from the US-China phase one trade deal and relative attractiveness of Malaysian assets would likely favour the currency’s appreciation.