Market concerns over US interest rate may halt ringgit uptrend this week


KUALA LUMPUR, Jan 23(Bernama): The ringgit is expected to linger at the current 4.18 level versus the US dollar as investors would be weighing on the outcome of the United States Federal Open Market Committee (FOMC) meeting this week.

The main underlying issue continues to revolve around a possible earlier interest rate hike in the US with a slew of Federal Reserve officials rooting for the removal of monetary policy accommodation.

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Ringgit , US dollar , BNM , CPI , China , FOMC

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