The ringgit is anticipated to appreciate against the US dollar in the coming week, driven by sustained demand for Malaysia’s currency, The Star reported. Dr. Mohd Afzanizam Abdul Rashid, Chief Economist at Bank Muamalat Malaysia Bhd, forecasts that the ringgit may surpass its immediate support level of MYR4.3030 soon. Key economic events to watch next week include Bank Negara Malaysia’s Monetary Policy Committee Meeting and the US non-farm payrolls report. Dr. Rashid highlighted that since the removal of the currency peg on July 21, 2005, the average US dollar/ringgit rate has been MYR3.7875. …