Ringgit likely to trend lower versus US dollar next week

Ringgit likely to trend lower versus US dollar next week

Malay Mail Online - Money·2024-06-22 15:00

KUALA LUMPUR, June 22 — The ringgit is likely to trade lower against the US dollar next week, maintaining a range near 4.71.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said that next week, the market players will be focusing on the final first-quarter 2024 (1Q 2024) gross domestic product (GDP) figures for the United States (US).

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