Malaysian Ringgit Rises To 5-day High Against U.S. Dollar
June 28 2016 - 10:17PM
RTTF2
The Malaysian ringgit strengthened against the U.S. dollar in
the Asian session on Wednesday, due to higher commodity prices.
Against the greenback, the ringgit rose to a 5-day high of
4.0150 from an early low of 4.0747. At yesterday's close, the
ringgit was trading at 4.0535 against the greenback.
If the ringgit extends its uptrend, it is likely to find
resistance around the 3.94 area.
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