Malaysian Ringgit Weakens To 4-week Low Against U.S. Dollar
00:39, 1st August 2014
(RTTNews) - The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Friday.
Against the greenback, the ringgit fell to a 4-week low of 3.2092 from an early high of 3.1960. At yesterday's close, the ringgit was trading at 3.1975 against the greenback.
If the ringgit extends its downtrend, it is likely to find support around the 3.21 area.
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