Big strides for ringgit but expected to tread cautiously between RM4.09 and RM4.11 against the US dollar this week


KUALA LUMPUR (Bernama): The ringgit is likely to trade cautiously next week, hovering between RM4.09 and RM4.11 against the US dollar after strengthening by 0.39 per cent week-on-week.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said a series of key United States (US) data releases next week will provide fresh guidance for market participants.

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