Ringgit seen trading range-bound at RM4.38-RM4.40 against US dollar next week


KUALA LUMPUR: The ringgit is expected to move range-bound between RM4.38 and RM4.40 against the US dollar next week as investors mull cutting their long US dollar exposure in G10 currencies due to rising worries over a possible global recession, said an analyst.

The G10 is a grouping of industrialised countries, whose members include the United States, the United Kingdom, Japan, and France.

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Ringgit , US dollar , FX , Weekly , recession , China , Stephen Innes

   

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