Malaysian ringgit likely to trade higher against US$ next week


  • Business
  • Saturday, 12 Oct 2013

KUALA LUMPUR: The ringgit is likely to trade higher against the US dollar next week on strong buying interest in the local unit, dealers said.

"Despite being a short term resolution, the positive hints from the White House suggests that the US government shutdown and world's largest bond default by Oct 17, could be avoided.

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