18 July 2016
The Malaysian Ringgit (MYR) plunged to a seventeen year low against the US Dollar following the devaluation of the Chinese Yuan in August last year.However, the currency of Asia’s tenth largest economy has stabilised in line with our expectations since the turn of the year despite increased political uncertainty and a slowdown in economic growth in Malaysia.
In fact, the currency has moved with such correlation to our forecasts that we’ve been recognised by Bloomberg as the most accurate USD/MYR forecaster in Q2 2016!Download our full forecasts, and analysis, for MYR up until the end of 2017.
In fact, the currency has moved with such correlation to our forecasts that we’ve been recognised by Bloomberg as the most accurate USD/MYR forecaster in Q2 2016!Download our full forecasts, and analysis, for MYR up until the end of 2017.
