KUALA LUMPUR: The ringgit is expected to trade in a tight range, hovering around RM3.95 to RM3.96 this week, as the market anticipates more catalysts, including the upcoming US economic data.
Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the market focus will be on January’s US non farm payroll, with consensus estimates at 68,000 jobs and an unemployment rate expected to hold at 4.4%.
