Ringgit expected to trade sideways ahead of key Fed meeting


KUALA LUMPUR: The ringgit is expected to trade within a narrow range next week, as investors remain cautious amid ongoing global inflation concerns, said an analyst.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that the local currency is likely to fluctuate between 4.22 and 4.24 against the US dollar.

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