PETALING JAYA: The ringgit may test the psychological level of 4.00 against the US dollar next week amid anticipation that Bank Negara would maintain the overnight policy rate at 1.75% at its meeting on Wednesday.
FXTM market analyst Han Tan said Malaysia’s health-related and economic response amid the ongoing movement control order (MCO 2.0), along with the US dollar’s behaviour, were set to be key drivers in determining the US dollar-ringgit performance moving forward.
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