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Ringgit May Rebound on Capital Flow Measures, Analysts Say

Ringgit May Rebound on Capital Flow Measures, Analysts Say
Bloomberg Markets Monday 06 July 2026, 00:00 UTC By Marcus Wong, Benjamin Liu 1 min read
Key Points

Ringgit May Rebound on Capital Flow Measures, Analysts Say The ringgit is poised for a rebound after ending June as Asia’s worst performer, with measures to boost foreign-exchange inflows and strong economic fundamentals expected to support the recovery, analysts say. The Malaysian currency may trade at 3.95 per dollar by year-end, according to Royal Bank of Canada, as Bank Negara Malaysia steps up measures to encourage the repatriation and conversion of companies’ overseas earnings. An...

Ringgit May Rebound on Capital Flow Measures, Analysts Say The ringgit is poised for a rebound after ending June as Asia’s worst performer, with measures to boost foreign-exchange inflows and strong economic fundamentals expected to support the recovery, analysts say. The Malaysian currency may trade at 3.95 per dollar by year-end, according to Royal Bank of Canada, as Bank Negara Malaysia steps up measures to encourage the repatriation and conversion of companies’ overseas earnings. An analyst at Australia & New Zealand Banking Group sees the ringgit strengthening to 3.80, which would be the highest since 2015.
Capital Flow Measures (ORG) Asia (LOCATION) Malaysian (ORG) Royal Bank of Canada (ORG) Bank Negara Malaysia (ORG) Australia & New Zealand Banking Group (ORG)
Originally published by Bloomberg Markets Read original →

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