Ringgit to continue upward momentum versus greenback next week | Money
Saturday, 20 Feb 2021 10:59 AM MYT The local note was traded mostly higher against other major currencies. — AFP pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Feb 20 — The ringgit is expected to continue its positive momentum against the US dollar next week, driven by bullish outlook on the global economic development, a dealer said. Axi chief global market strategist Stephen Innes said the rise in US yields will likely pause, which would allow the local currency market to breath a little freer. “The Yuan has started to rally again,...
Source: malaymail.com