Ringgit undervalued vs US$ by up to 8%, says Maybank Research

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KUALA LUMPUR: The ringgit remains 7% to 8% undervalued against the US dollar from a valuation perspective, relative to Maybank Investment Bank Research’s fair value estimate of 3.80.

Source: News Formal (newsformal.com)

 

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Where are those PH and MalaysiaBaharu supporters? You guys have nothing to say about this? LMFAO 🤣🤣🤣

At least it hit a high of 4.20 !! Free markets decide the value, analysts can only guesstimate based on their understanding.

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