KUALA LUMPUR (Bernama): The ringgit is likely to continue its uptrend against the US dollar next week, trading between the 4.57 and 4.58 level for the first week of 2024 on US interest rate cut expectations as early as March 2024, said an analyst.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the focus will be on the US Nonfarm Payroll (NFP) and the Federal Open Market Committee (FOMC) minutes to be released on Thursday.
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