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Ringgit expected to trade range-bound this week ahead of key US data; expected to move around the RM4.07 to RM4.10 range

The ringgit is expected to trade within a narrow range against the US dollar next week as investors await key United States economic data for further clues on the direction of interest rates.

The Star MalaysiaThe Star查看原文 ↗
预计本周令吉将在关键美国数据公布前维持区间震荡,波动区间约为4.07至4.10令吉。

KUALA LUMPUR (*Bernama): The ringgit is expected to trade within a narrow range against the US dollar next week as investors await key United States economic data for further clues on the direction of interest rates.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said attention would be on the US labour market next week, particularly the nonfarm payrolls report which is due to be released on Oct 2.

Thank you for your report!

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