Ringgit to trade with upward bias the coming week


KUALA LUMPUR, Oct 31 (Bernama): The ringgit is expected to trade in a range with appreciation bias against the US dollar this week, given that the tabling of Budget 2022 will continue to spur positive sentiment towards the Malaysian economy, an analyst said.

On Friday, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz announced the RM332.1 billion Budget 2022 in the Dewan Rakyat -- the largest ever budget for the country, surpassing Budget 2021’s allocation of RM322.54 billion.

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Ringgit , Weekly , US dollar , DoSM , Budget 2022 , BNM , OPR

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