Ringgit to trend higher against the US dollar next week


KUALA LUMPUR, Aug 1 (Bernama): The ringgit will likely continue its uptrend against the US dollar next week as market sentiment towards Asian currencies continues to thrive amidst the wobbly US dollar.

During its two-day meeting, which ended on July 29, the US Federal Reserve decided to hold rates steady and reiterated that any wobbles in growth and bond yields would be met with a wall of Fed money.

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