Ringgit likely to see range-bound trading this week ahead of Bank Negara meeting

KUALA LUMPUR, Sept 5 (Bernama): The ringgit is expected to trade range-bound against the US dollar next week as investors await the upcoming Bank Negara Malaysia policy meeting on Thursday (Sept 9), said an analyst.

Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said as investors await financial signals from the meeting, the local note would likely trade between RM4.15 and RM4.16 against the greenback.