Ringgit to consolidate further next week, but case for further upside remains


  • Business
  • Saturday, 15 Feb 2014

KUALA LUMPUR: The ringgit is expected to consolidate next week, continuing its uptrend amid positive sentiment in tandem with the upbeat outlook for Malaysia's economic fundamentals.

MIDF Amanah Investment Bank Bhd head of research Zulkifli Hamzah said demand for the ringgit may have increased of late as the external fundamentals of the economy is improving.

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