tags - Sinar Daily

Photo for illustration purposes only - FILE PIX

Recent reports indicate that the ringgit has experienced a nearly six per cent decline in the first half of 2023, making it the worst performer among Asian currencies. - FILE PIX by Bernama

Photo for illustrative purposes only

Photo for illustrative purpose only - FILE PIX

The ringgit will likely trade in a cautious mode next week with investors eyeing updates on the global economic performance.

Hong Leong Investment Bank Research said in its recent report that it expects the ringgit to have an overall depreciation trend in the second half with an average of USD-MYR 4.67 to reach a 2023 average of 4.56 and year-end target of 4.40.Hong Leong Investment Bank Research said in its recent report that it expects the ringgit to have an overall depreciation trend in the second half with an average of USD-MYR 4.67 to reach a 2023 average of 4.56 and year-end target of 4.40. Photo for illustrative purposes only - 123RF

BNM may sell US dollar forward to intervene as it did in the past

Prime Minister Datuk Seri Anwar Ibrahim at a Qurban ceremony before joining the congregants for Friday prayers at Masjid Jamek An-Nur Guar Perahu, Seberang Perai Tengah. - Bernama PIX

Economy Minister Rafizi Ramli during a press conference on the consumer price index (CPI) for the month of May held at the ministry in Putrajaya. - Photo by Bernama

The four men were charged with committing gang robbery on Mohammad Syafiq Hazane Dzulfikri, 25, at the Irama Wangsa Condominium, in Section 10, Wangsa Maju, at 8.30 pm on May 25. Photo for illustrative purposes only - 123RF