Ringgit to hover between RM4.19 and RM4.21 and trade in a tight range this week


KUALA LUMPUR (Bernama): The ringgit is expected to trade within a tight range this week as investor focus shifts to the United States’ anticipated interest rate cut.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit may climb higher after breaching the RM4.20 level, especially if the US Federal Reserve quarterly projections signal a more dovish stance.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

China’s Huawei ramps up foldable smartphone battle with global launch of slim Mate X7
Indonesia flood death toll exceeds 1,000 as rescue, recovery efforts continue
Thai PM Anutin's support declines as election looms: Survey
Sharp-shooter Johnathan fires gold again
Vietnam emerges as attractive destination for technology capital in South-East Asia
Pearly-Thinaah smash Malaysia's first SEA Games badminton gold
Japan looks to India for caregivers as domestic labour crunch deepens
P13bil of PhilHealth money went to foreign-assisted infrastructure projects
Hun Sen celebrates Cambodia's peacekeepers: More than 10,000 deployed since 2006
Multiple people injured in Singapore accident involving two buses in Jurong West

Others Also Read