The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Wednesday, as oil prices dropped for a third day, underscoring worries about global growth.

Against the greenback, the ringgit fell to a 6-day low of 4.2415 from yesterday's closing value of 4.2100.

If the ringgit extends its downtrend, it is likely to find support around the 4.30 area.

US Dollar vs SGD (FX:USDSGD)
Forex Chart
From Mar 2024 to Apr 2024 Click Here for more US Dollar vs SGD Charts.
US Dollar vs SGD (FX:USDSGD)
Forex Chart
From Apr 2023 to Apr 2024 Click Here for more US Dollar vs SGD Charts.