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Hong Leong Investment Bank Research said in its recent report that it expects the ringgit to have an overall depreciation trend in the second half with an average of USD-MYR 4.67 to reach a 2023 average of 4.56 and year-end target of 4.40.Hong Leong Investment Bank Research said in its recent report that it expects the ringgit to have an overall depreciation trend in the second half with an average of USD-MYR 4.67 to reach a 2023 average of 4.56 and year-end target of 4.40. Photo for illustrative purposes only - 123RF

Deputy Prime Minister Datuk Seri Fadillah Yusof and his wife Datin Seri Ruziah Mohd Tahir during the Aidiladha 'korban' (sacrificial slaughter of cows) programme at Surau Darul Fadzillah, Gita Laut, today. - Photo by Bernama

Photo for illustration purposes only - FILE PIX

SHAH ALAM, June 25 - Federal Agricultural Marketing Authority (Fama) chairman Aminuddin Zulkipli (left) with Shah Alam Member of Parliament Azli Yusof (second from right) during National Madani Aidiladha Special Sale Launch 2023 at Pasar Tani Stadium Seksyen 13 today.- BERNAMA photo (2023) COPYRIGHT RESERVED

Malaysia’s Consul-General in Nanning, Ahmad Phadil Ismail - BERNAMA

Deputy Prime Minister Datuk Seri Fadillah Yusof - BERNAMA

Image for illustrative purposes only – BERNAMA

Deputy Prime Minister Datuk Seri Fadillah Yusof - BERNAMA

Prime Minister Datuk Seri Anwar Ibrahim and wife Datuk Seri Dr Wan Azizah Wan Ismail along with Indonesian President Joko Widodo and his wife Iriana Joko Widodo at Seri Perdana earlier today. Photo by Bernama.