Malaysian Ringgit Slides To More Than 5-year Low Against U.S. Dollar
January 02 2015 - 12:40AM
RTTF2
The Malaysian ringgit weakened against the U.S. dollar in the
Asian session on Friday.
Against the greenback, the ringgit fell to 3.5118 for the first
time since September 2009. At yesterday's close, the ringgit was
trading at 3.4965 against the greenback.
If the ringgit extends its downtrend, it is likely to find
support around the 3.61 area.
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