KUALA LUMPUR, Sept. 19 (Xinhua) -- Economists have foreseen the Malaysian ringgit to strengthen further against the U.S. dollar amid rate cuts in the United States. UOB Global Economics and Markets Research said in its recent report that it anticipates USD/MYR to resume its downward trajectory as the U.S. Federal Reserve begins its rate-cutting cycle this month, likely triggering broad-based USD weakness. Meanwhile, MBSB Research said in its recent note that it continues to forecast that the ringgit will strengthen against the USD this year, with an average exchange rate of around MYR 4.30 as compared to MYR 4.56 in 2024. APEX Securities also said in a note on Thursday that it expects Malaysia's bourse to rally as the U.S. Federal Reserve easing supports foreign fund inflows, enhancing the relative attractiveness of Malaysian equities. "These inflows should also underpin ringgit strength, aided by narrowing yield differentials and firmer regional risk sentiment," the research house added.