Ringgit likely to trade flat this week between RM4.41 and RM4.42


KUALA LUMPUR: The ringgit is expected to trade flat this week, potentially trading at around RM4.41 to RM4.42, says Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

He said that US President Donald Trump indicated a reluctance to keep raising tariffs against China as it might impact the trade between the two nations. Additionally, he said several US Federal Reserve officials, including Christopher Waller and Austan Goolsbee, are scheduled to share their thoughts on the current state of the economy this week.

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