KUALA LUMPUR (Bernama): The ringgit is likely to remain defensive within the 4.41-4.45 range against the US dollar from Monday (March 10) onwards, underpinned by Bank Negara Malaysia’s recent policy status quo and Malaysia's solid macro outlook.
Kenanga Investment Bank Bhd said a non-farm payroll (NFP) print near 100,000 could reinforce expectations of an additional US Federal Reserve's (Fed) rate cut, potentially weakening the US dollar and supporting the ringgit.
