Ringgit expected to continue upward trend next week amid cautious trade


  • Forex
  • Saturday, 28 Mar 2020

A dealer said a series of stimulus measures announced by central banks around the globe this week was expected to prompt more international investors to shift towards emerging currencies, including the ringgit.

KUALA LUMPUR: The ringgit is expected to continue its upward momentum against the US dollar next week amid cautious trade, supported by positive global and domestic economic developments, dealers said.

A dealer said a series of stimulus measures announced by central banks around the globe this week was expected to prompt more international investors to shift towards emerging currencies, including the ringgit.

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