Ebury recognised as the top USD/MYR Bloomberg forecaster – Access our latest insight
- Go back to blog home
- Latest
19 July 2016
Marketing Executive at Ebury. English Literature graduate from the University of York and a motivated professional.
The Malaysian Ringgit (MYR) plunged to a seventeen year low against the US Dollar following the devaluation of the Chinese Yuan in August last year.
H
owever, the currency of Asia’s tenth largest economy has stabilised in line with our expectations since the turn of the year despite increased political uncertainty and a slowdown in economic growth in Malaysia.
In fact, the currency has moved with such correlation to our forecasts that we’ve been recognised by Bloomberg as the most accurate USD/MYR forecaster in Q2 2016!
Download our full forecasts, and analysis, for MYR up until the end of 2017.
SHARE
