Ringgit expected to trade in tight range with downside bias against the greenback next week

A moneychanger worker showing the ringgit and US dollar notes in Kuala Lumpur. - MUHAMAD SHAHRIL ROSLI/The Star.

KUALA LUMPUR, Jan 30 (Bernama): The ringgit is expected to trade in a tight range with downside bias between 4.19 and 4.20 against the US dollar nthe coming week.

The ringgit will largely be US dollar driven in the holiday-shortened week as Malaysian markets observe the Lunar New Year festive break on Feb 1 and 2, dealers said.