USD/MYR: Ringgit to thrive next year after recent drop in crude palm oil – MUFG USDMYR Commodities Malaysia Banks
Crude palm oil outlook very slightly MYR-negative
“We forecast some improvements in the MYR in 2023. After an expected 4.75 for USD/MYR at the end of 2022, we forecast it to head lower to 4.65 in Q2-2023 and 4.60 in Q3-2023.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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