Ringgit likely to trade at current level next week and stay between 4.76 and 4.77 level against US dollar

KUALA LUMPUR (Bernama): The ringgit is expected to trade in the same range of between 4.76 and 4.77 against the US dollar this week, as the greenback is expected to continue its uptrend, said an analyst.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the market sentiment is weak, leading to a higher US dollar.