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PETALING JAYA: The ringgit may test the psychological level of 4.00 against the US dollar next week amid anticipation that Bank Negara would maintain the overnight policy rate at 1.75% at its meeting on Wednesday.
THE week opens with Bank Negara’s decision on the overnight policy rate (OPR). The monetary policy committee (MPC) of Bank Negara is expected to meet on Wednesday.
KUALA LUMPUR, Jan 16 (Bernama): The ringgit may test the psychological level of 4.00 against the US dollar next week amid anticipation that Bank Negara Malaysia (BNM) would maintain the Overnight Policy Rate (OPR) at 1.75 per cent at its meeting on Wednesday.
WASHINGTON (Reuters) - Democrats will give President Donald Trump one last chance on Tuesday to leave office days before his term expires or face an unprecedented second impeachment over his supporters' deadly Jan. 6 assault on the U.S. Capitol.
KEY economic data for this week will be the growth of industrial production and unemployment rate that will help investors and economists gauge the recovery of the economy.
KUALA LUMPUR: The ringgit is likely to continue its uptrend against the US dollar next week and re-attempt to break below the psychologically-important 4.00 level next week, said an analyst.
THE Department of Statistics Malaysia is expected to release Malaysia external trade indices for November today.
FOLLOWING the long weekend, this four-day week will not be as quiet as trade figures are due.
THE Christmas-shortened week isn’t offering much economic data. The only major economic data out this week will be November’s consumer price index (CPI), to be released on Wednesday.