Ringgit can strengthen in the coming weeks

Analyst: ‘There’s a mild upside against the US dollar and stronger upside against the sterling.’

PETALING JAYA: There could be some strengthening of the ringgit in the coming weeks even as investors flee to safe-haven assets on Brexit worries.

Global financial markets continue to digest the impact of Britain’s vote to leave the European Union, better known as Brexit, as well as the implications the move would have on monetary policy and fiscal stimulus.