Ringgit to trade at RM4.72-RM4.74 range against the US dollar next week

KUALA LUMPUR (Bernama): The ringgit is expected to remain easier this week, trading in the RM4.72-RM4.74 range against the US dollar.

SPI Asset Management managing partner Stephen Innes said the market stance is that the Federal Reserve is expected to continue its "higher for longer" policy, with interest rates to remain elevated for an extended period.