Ringgit expected to continue volatile trading against the US dollar this week


KUALA LUMPUR, April 2 (Bernama): The ringgit is expected to continue to trade in a volatile mode next week, as mixed signals from global economic developments are expected to keep more investors on the sidelines, an analyst said.

Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the local unit was likely to linger at the current level given the continued uncertainties over the war in Ukraine and volatility in commodity prices in particular.

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