Ringgit expected to move into the 3.93-3.98 range against the US dollar on oil price watch from Monday (March 16)


KUALA LUMPUR (Bernama): The ringgit is expected to trade in a range between RM3.93 and RM3.98 this week as investors will keep a close watch on the trajectory of crude oil prices.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid told Bernama that the traders and investors would continue to monitor the war in Iran next week.

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