The US Federal Reserve and the Bank of Japan (BOJ) are to hold rate reviews next week, with the results expected to influence the regional market including the ringgit, a dealer said.
The market expects the BOJ to ease policy further by increasing the size of its asset purchase programme, the dealer said.
"There ais a possibility for the BOJ to increase its outlook for inflation," the dealer added.
The ringgit was traded in a volatile market this week amid Spanish concerns and talks of France's downgrade.
A dealer said Spain might follow the same track as Greece, Ireland and Portugal in needing an international bailout.
For the week just-ended, the domestic currency started lower due to renewed concerns over Europe's economic health, and this factor continued influencing the market for the whole week.
It closed unchanged at the week-end despite the downtrend seen in most of the regional currencies.
On a weekly basis, the ringgit depreciated against the US dollar to 3.0645/0676 from 3.0560/0590 last Friday.
It strengthened against the Singapore dollar to 2.4484/4518 from last week's 2.4499/4527 and firmed against the yen to 3.7486/7532 from 3.7738/7812 previously.
The local unit, however, depreciated against the British pound to 4.9311/9378 from 4.8655/8712, and declined against the euro to 4.0306/0349 from 4.0189/0235 last Friday.
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