Ringgit likely to maintain between 4.77 and 4.78


KUALA LUMPUR: The outlook for the ringgit this week is expected to be “neutral to bullish” on improving sentiment anticipation following major central banks’ decisions.

Kenanga Research said a potential policy tweak by the Bank of Japan (BoJ) and the market’s anticipation of a continued pause by the US Federal Reserve (Fed) and a relatively weak US jobs report might temper the US dollar’s ascent this week.

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