Ringgit to hover around RM4.0375-RM4.0575 against the dollar next week


KUALA LUMPUR, Jan 23 (Bernama): The ringgit is expected to strengthen between RM4.0375 and RM4.0575 next week from the RM4.0415 level on Friday amid rising concerns over macro and micro economic environment due to resurgence of Covid-19 cases.

Axi chief global market strategist Stephen Innes said the extended movement control order (MCO) could linger until the vaccine rollout can make a reasonable difference, which likely happening towards March or April.

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Ringgit , US Dollar , Han Tan , FXTM , Axi , Stephen Innes , MCO ,

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