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KUALA LUMPUR: Datuk Seri Anwar Ibrahim should "take the bull by the horns" and take measures to address the ringgit's decline, says Datuk Seri Hamzah Zainudin has told Prime Minister
Malaysia is in a sweet spot to enter a prolonged bull market, says prominent fund manager Tan Teng Boo.
The ringgit is expected to trade in the same range of between 4.76 and 4.77 against the US dollar this week, as the greenback is expected to continue its uptrend, said an analyst.
Speak to most Malaysians on the street and one will find that many are scratching their heads almost to the point of exasperation as to why the ringgit’s weakness is so stubbornly persistent.
PASIR GUDANG: After urging Prime Minister Datuk Seri Anwar Ibrahim to explain the weakening of the ringgit, a PKR representative here is now defending him over the same issue.