All eyes on Bank Negara's Monetary Policy Committee meeting on July 6.
Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid told Bernama that BNM might want to increase the overnight policy rate in light of the Consumer Price Index outturn which came in at 2.8 per cent in May.
The ringgit fell against the greenback at 4.4060/4085 on Friday, compared with 4.4010/4045 a week earlier.
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