Ringgit to trade slightly higher at RM4.62 and RM4.63 level amid quiet market due to holiday season


KUALA LUMPUR (Bernama): The ringgit is expected to trade slightly higher against the US dollar this week and move between the RM4.62 and RM4.63 level amid subdued demand ahead of the Christmas and New Year breaks.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said next week is anticipated to be a quiet week as traders and fund managers will be away for their holidays.

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