Ringgit might stay above 4.20 per dollar; expected to trade within a tight range this week


KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is expected to continue trading within a tight range with an upward bias this week, as investors reassess the trading trend following the United States (US) interest rate cuts.

SPI Asset Management managing director Stephen Innes said that next week is relatively light on US top-tier economic data, with Tuesday’s US Manufacturing Purchasing Managers’ Index (PMI) readings being one of the real macro waypoints.

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