Ringgit likely to see cautious trading this week


PETALING JAYA: The ringgit is expected to continue trading cautiously this week, as investors await a slew of economic data scheduled to be released by several major economies.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the focus would be on China’s fourth-quarter 2023 gross domestic product numbers which will be released on Wednesday, along with the UK and European Union’s consumer price index (CPI).

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