Ringgit set to trade cautiously next week as US debt ceiling deadline looms


KUALA LUMPUR, May 28 (Bernama): The ringgit is projected to trade in a narrow range this week as the US debt ceiling deadline looms on June 1.

SPI Asset Management managing director Stephen Innes noted that the ringgit traded stronger on Friday on a relief rally after some positive developments in the debt ceiling talks, raising hopes that a deal could be reached before June 1.

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