Malaysian Ringgit Falls To 5-day Low Against U.S. Dollar
May 01 2016 - 10:52PM
RTTF2
The Malaysian ringgit weakened against the U.S. dollar in the
pre-European session on Monday.
Against the greenback, the ringgit fell to a 5-day low of 3.9210
from an early high of 3.9080. At Friday's close, the ringgit was
trading at 3.9140 against the greenback.
If the ringgit extends its downtrend, it is likely to find
support around the 4.00 area.
Malaysian equity markets are closed in observance of Labor Day
holiday.
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