# Malaysia may have seen worst of selldown on ringgit | FMT

> Neuberger Berman and Nikko Asset Management say Malaysian assets are returning to global funds' attention after the November 2016 curbs on offshore ringgit forwards. Analysts have raised ringgit forecasts for three straight months, now seeing 4.46 per dollar by mid-year. The ringgit was at 4.43 on 12 April.

- Date: 2017-04-13 · published 2017-04-13T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/71754-malaysia-may-have-seen-worst-of-selldown-on-ringgit-fmt
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Improving capital flows and a better current account, helped by higher commodity prices, support the ringgit. This is a modest backdrop for Malaysian export commodities such as palm oil.

## Read by commodity

- USDMYR: neutral

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/nation/2017/04/13/malaysia-may-have-seen-worst-of-sell-down-on-ringgit

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