KUALA LUMPUR, Aug 28 (Bernama): The ringgit is likely to experience headwinds from Monday (Aug 30) onwards, trading in the range of RM4.19 to RM4.21 against the US dollar, said Bank Islam Malaysia Bhd economist Adam Mohamed Rahim.
"Headwinds could appear if the Organisation of the Petroleum Exporting Countries (OPEC) decides to push for more oil production which could cause oil prices to decline and would subsequently affect the ringgit,” he told Bernama.
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