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HSBC sees ringgit trading at 4.10-4.20 against US dollar in 2027

KUALA LUMPUR: The ringgit could trade between 4.10 and 4.20 against the US dollar in 2027, compared with its current range of 4.05 to 4.10, according to HSBC Global Investment Research.

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汇丰银行预测,到2027年,令吉兑美元汇率将在4.10至4.20之间波动。

KUALA LUMPUR: The ringgit could trade between 4.10 and 4.20 against the US dollar in 2027, compared with its current range of 4.05 to 4.10, according to HSBC Global Investment Research.

Its head of Asia FX research Joey Chew said the outlook takes into account expectations that the United States (US) Federal Reserve (Fed) would raise interest rates in December.

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