Ringgit expected to trade in volatile mode next week; possible trading at RM4.45

KUALA LUMPUR, April 30 (Bernama): The ringgit is expected to endure more volatility this week amid uncertainties surrounding the market and ahead of Bank Negara Malaysia’s (BNM) monetary policy committee (MPC) meeting on the overnight policy rate (OPR) on May 2 to 3.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said it has been quite volatile for the currencies market this holiday-shortened week