Loading…
An economist expects the ringgit to firm slightly but trade in a tight range around 4.40 per US dollar next week. The ringgit had closed the week at 4.4010/4045, roughly unchanged from the prior week.
Key US data ahead includes May core PCE inflation and the S&P Case-Shiller house price index.
A range-bound ringgit leaves Malaysian dollar costs for palm oil and other imported feed inputs broadly stable over the coming week. Forecasts of a Bank Negara rate rise could give modest support to the currency.
malaymail.comJun 25, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
