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KUALA LUMPUR, Oct 23 — The ringgit is expected to trade in a tight range against the US dollar next week, given that the currency pair is nearing the overbought condition, an analyst said. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said forex markets would also be...
KUALA LUMPUR, Aug 28 — The ringgit is likely to experience headwinds next week, trading in the range of RM4.19 to RM4.21 against the US dollar, said Bank Islam Malaysia Bhd economist Adam Mohamed Rahim. “Headwinds could appear if the Organisation of the Petroleum Exporting Countries (Opec)...
KUALA LUMPUR, June 12 — The ringgit is likely to trade in a range of 4.09 to 4.11 level next week as Malaysia aims to achieve the target of injecting 150,000 doses of vaccine daily, said an analyst. Bank Islam Malaysia Bhd economist Adam Mohamed Rahim, citing the latest data from the Covid-19...
KUALA LUMPUR, May 29 — The ringgit is likely to continue its positive momentum against the US dollar next week, amid the continued weakness of the greenback on the back of various developments in the market which is affecting the currency, said an analyst. ActivTrades trader Dyogenes Rodrigues...
Saturday, 15 May 2021 10:24 AM MYT BNM said the ringgit is expected to remain exposed to periods of heightened volatility as uncertainties remain on the momentum of the global and domestic economic recovery. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, May 15 — The ringgit is expected to weaken against the US dollar next week at between 4.10 and 4.15, in line with the fear of the United States (US) inflation and Consumer Price Index (CPI) data released on Wednesday. OANDA senior market analyst for Asia Pacific, Jeffrey Hall...