# Ringgit will reach 3.75 against US dollar, says economist | FMT

> Standard Chartered's chief economist Edward Lee forecasts the ringgit will reach 3.70 to 3.75 per US dollar in the second half of 2018, citing solid Malaysian fundamentals. He said the dollar is still overvalued and Malaysia could gain from a US-China trade war by supplying goods the US needs.

- Date: 2018-03-30 · published 2018-03-30T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/66272-ringgit-will-reach-3-75-against-us-dollar-says-economist-fmt
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A stronger ringgit lowers the local cost of dollar-priced imports, while the forecast suggests Malaysian export goods may see firmer currency-driven pricing support later in the year.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/nation/2018/03/30/ringgit-will-reach-3-75-against-us-dollar-says-economist

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.