Ringgit expected to rally next week on positive sentiment

At 9 am(0100gmt), the ringgit was quoted at 4.0770/0820 against the greenback from 4.0830/0900 last Friday.

Forex Time Research Analyst Lukman Otunuga said the 2017 Budget uplifted sentiment on Malaysia's economy as it offered some clarity on how the nation would tackle the new year. 

The key topics revolved around government spending to accelerate growth, boost investments for small and midcap businesses, and reduce the budget deficit.