KUALA LUMPUR, Sept 14 — The ringgit is expected to continue its uptrend next week, trading at 4.28 to 4.29 against the US dollar, ahead of the United States (US) Federal Open...
‘Islam under threat’ in Malaysia? DPM Zahid’s religious adviser says to compare unity govt’s firm responses and PAS’ rhetoric to know truthKUALA LUMPUR, Sept 14 — The ringgit is expected to continue its uptrend next week, trading at 4.28 to 4.29 against the US dollar, ahead of the United States Federal Open Market Committee meeting on Sept 17-18.
“This is especially true when the Bank Negara Malaysia is not about to follow similar footsteps by the Fed as the upside risks to domestic inflation are still visible,” he told Bernama. He said the ringgit should maintain a bullish bias with an expected range of 4.29-4.3150, but the greater likelihood is that the dollar continues to weaken.
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