Yes, today is 2nd August 2024. Ringgit is on the 10th day rally streak. From some not-so-rosy days since the start of 2024, it’s now on a roll. Just roughly 10 days ago, on 21st July 2024, it was at US$1 to RM4.688. Image below from xe.com Analysts were always saying that ringgit is undervalued versus that green coloured currency but they say only mah. Until the recent 10 days…
10th day rally, ringgit is on a roll. What’s next?
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