Ringgit likely to revisit 4.46 level this week

KUALA LUMPUR, Nov 26 (Bernama): The ringgit is likely to revisit the 4.46 level next week, last seen in August as market mood continues to be lifted by renewed interest rate hopes and optimism about the new government.

SPI Asset Management managing director Stephen Innes said the 10th Prime Minister Datuk Seri Anwar Ibrahim intends to focus on stability and the economy, which will benefit the ringgit.