Malaysian Ringgit Falls To 5-year Low Against U.S. Dollar
December 08 2014 - 12:35AM
RTTF2
The Malaysian ringgit weakened against the U.S. dollar in the
Asian session on Monday.
Against the greenback, the ringgit fell to a 5-year low of
3.5080 from an early high of 3.4805. At last week's close, the
ringgit was trading at 3.4950 against the greenback.
If the ringgit extends its downtrend, it is likely to find
support near the 3.55 region.
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