KUALA LUMPUR, June 28 (Bernama): The ringgit is expected to trade in an upward trajectory next week, riding on favourable market risk and improved oil prices, said AxiCorp global chief market strategist Stephen Innes.
He said the ringgit would move between 4.27 and 4.30 against the US dollar next week amid better inflows of foreign direct investment into the country as international multinationals were diversifying their production bases from China to new destinations.
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