Ringgit to be at narrow range between between RM4.63 and RM4.65; China's economic outlook to influence trading this week


KUALA LUMPUR (Bernama): The ongoing uncertainties over China's economic outlook will continue to influence the currency markets and drag the ringgit to trade in a tight range this week, said an economist.

The ringgit would likely stay within a narrow range between RM4.63 and RM4.65 against the US dollar as investors would prefer the greenback in light of the heightened economic uncertainties, opined Bank Muamalat Malaysia Bhd chief economist and social finance head Mohd Afzanizam Abdul Rashid.

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