Ringgit lower against US dollar as market reopens | Malay Mail

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Ringgit lower against US dollar as market reopens

 

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Ringgit undervalued vs US$ by up to 8%, says Maybank ResearchKUALA LUMPUR: The ringgit remains 7% to 8% undervalued against the US dollar from a valuation perspective, relative to Maybank Investment Bank Research’s fair value estimate of 3.80. At least it hit a high of 4.20 !! Free markets decide the value, analysts can only guesstimate based on their understanding. Where are those PH and MalaysiaBaharu supporters? You guys have nothing to say about this? LMFAO 🤣🤣🤣
Source: staronline - 🏆 4. / 75 Read more »