KUALA LUMPUR (Bernama): The ringgit is expected to trade range-bound this week as investors remained cautious ahead of the United States Federal Open Market Committee (FOMC) meeting.
Bank Muamalat Malaysia Bhd chief economist and social finance head Dr Mohd Afzanizam Abdul Rashid said given the steep appreciation of the ringgit this week, the USD/MYR might take a breather next week and await fresh leads from the FOMC meeting on July 25-26.
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