Ringgit likely to trade within RM4.22-RM4.23 against greenback next week


KUALA LUMPUR: The ringgit is likely to trade around RM4.22 to RM4.23 next week, said an analyst.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said that next week multiple United States (US) economic data will be out, namely the US Consumer Price Index (CPI) and Producer Price Index (PPI) for the month of May which plays a key role in shaping the market.

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