KUALA LUMPUR, Jan 25 — The ringgit is expected to trade cautiously against the greenback next week, ahead of the US Federal Open Market Committee (FOMC) meeting, and to remain...
The ringgit rose to its highest level in almost three months against the US dollar on January 24, 2025, after Trump adopted a softer tone on China tariffs and signalled a preference for lower interest rates. — Reuters file picas a first-time user . Exclusively for Malay Mail readers: Use codeKUALA LUMPUR, Jan 25 — The ringgit is expected to trade cautiously against the greenback next week, ahead of the US Federal Open Market Committee meeting, and to remain within the RM4.37 to RM4.
He noted that markets will also closely monitor the US personal consumption expenditures data for December 2024. “On that note, we foresee the ringgit staying in the range of RM4.37 to RM4.38 next week,” he told Bernama.
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