KUALA LUMPUR (Bernama): The ringgit is expected to trade within the 4.04-4.07 range this week with the balance of risks tilted modestly towards a firmer ringgit as global investors rotate away from the dollar and back into emerging-market carry and growth exposure, an analyst said.
IPPFA Sdn Bhd director of investment strategy and country economist, Mohd Sedek Jantan, told Bernama that the ringgit’s direction will be shaped by how the latest US non-farm payrolls (NFP) report feeds into US Federal Reserve (Fed) expectations.
