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Ringgit likely to trade within RM4.22, RM4.24 vs greenback next week
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Ringgit likely to trade within RM4.22, RM4.24 vs greenback next week
KUALA LUMPUR, July 26 — The ringgit is expected to hover between RM4.22 and RM4.24 next week as the US Federal Reserve (US Fed) is anticipated to maintain its policy rate. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said this outlook is tied to the upcoming US Federal Open Market Committee (FOMC) meeting, scheduled for July 29 to July 30. “Based on the interest rate futures market, the US Fed is likely to keep the Fede…
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