KUALA LUMPUR, Jan 16 (Bernama): The ringgit may test the psychological level of 4.00 against the US dollar next week amid anticipation that Bank Negara Malaysia (BNM) would maintain the Overnight Policy Rate (OPR) at 1.75 per cent at its meeting on Wednesday.
FXTM market analyst Han Tan said Malaysia’s health-related and economic response amid the ongoing Movement Control Order (MCO 2.0), along with the US dollar’s behaviour, were set to be key drivers in determining the US dollar-ringgit performance moving forward.
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