Ringgit likely to be in narrow range versus US dollar this week; to trade between 4.5250 and 4.5450

KUALA LUMPUR, May 21 (Bernama): The ringgit is expected to trade in a tight range with a downward bias against the US dollar this week as investors remain cautious in view of the global economic uncertainty, an analyst said.

SPI Asset Management managing director Stephen Innes said the ringgit was expected to trade between 4.5250 and 4.5450 in the coming week amid a firmer greenback that was supported by robust United States (US) data.