# 2018 will be a good year for Malaysia, says economist | FMT

> Deutsche Bank Asia-Pacific chief economist Michael Spencer expects Malaysia's economy to perform well in 2018, with growth above 5% through 2019. He said the ringgit could soon reach 3.80 per US dollar. He also expects Bank Negara to raise rates twice over the next 12 months.

- Date: 2018-02-07 · published 2018-02-07T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/66761-2018-will-be-a-good-year-for-malaysia-says-economist-fmt
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A forecast of a firmer ringgit and further rate hikes would lower the local cost of dollar-priced feed and energy imports. The outlook is an analyst view rather than a new supply or demand shock.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/nation/2018/02/08/2018-will-be-a-good-year-for-malaysia-says-economist

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