PETALING JAYA: The ringgit is expected to remain range-bound between RM4.20 and RM4.40 in the first quarter of 2025 on investor sentiment, global mone...
The ringgit is expected to remain range-bound between RM4.20 and RM4.40 in the first quarter of 2025 on investor sentiment, global monetary policies and domestic economic developments.
“Private consumption will remain steady, but there is a risk of reduced oil subsidies and likely electricity tariff hikes, which could temper spending.” “The first quarter will involve a wait-and-see approach, as a cautious Asean stock market reflects uncertainties around tariff threats and higher US policy rate expectations. These conditions resemble 2018, but Malaysia is better positioned this time with stronger fundamentals and structural themes providing relative insulation,” it said.
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