Ringgit likely to trade at current levels next week


KUALA LUMPUR, July 31 (Bernama): The ringgit is expected to trade at current levels next week on mixed market sentiments, likely influenced by local political developments and concerns over rising Covid-19 cases, said an analyst.

As such, Bank Islam Malaysia Bhd economist Adam Mohamed Rahim opined that the ringgit would remain trading at above 4.20 against the US dollar next week.

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