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KUALA LUMPUR: The ringgit weakened against the US dollar at the opening today over markets expectations that the Federal Reserve (Fed) may raise interest rate, which would lend some support to the dollar, said an analyst.
The ringgit is likely to trend higher this week in the range of RM4.16 to RM4.17, with the market adopting a cautious stance prior to Bank Negara Malaysia's (BNM) economic assessment on Thursday (Jan 20).
The ringgit is likely to trend higher next week in the range of RM4.16 to RM4.17, with the market adopting a cautious stance prior to Bank Negara Malaysia's (BNM) economic assessment on Thursday.
KUALA LUMPUR, Jan 15 — The ringgit is likely to trend higher next week in the range of RM4.16 to RM4.17, with the market adopting a cautious stance prior to Bank Negara Malaysia’s (BNM) economic assessment on Thursday. Bank Islam Bhd chief economist Mohd Afzanizam Abdul Rashid said all eyes...