KUALA LUMPUR (Oct 11): AmBank Research said it believes the ringgit will continue to weaken during the weak in view of a strong dollar play.

In an FX daily highlights note on Tuesday (Oct 11), AmBank group chief economist and head of research Dr Anthony Dass said that the room for ringgit to hit 4.68-70 is still on the cards.

“For today, we expect the ringgit to trade between our support level of 4.640 and 4.655, while our resistance is pinned at 4.660 and 4.670,” he said.