Ringgit to remain cautious next week ahead of Malaysia, US policy moves


KUALA LUMPUR: The ringgit is likely to trade in a cautious mode next week as investors will focus on the monetary policy decisions domestically and from the United States (US), said an economist.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said all eyes will be on the Federal Open Market Committee (FOMC) and the Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meetings, both scheduled for next week, to assess the market sentiment amid ongoing uncertainties. 

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