News Column

Malaysian Ringgit Rises To More Than 3-week High Against US Dollar

July 1, 2014

KUALA LUMPUR (Alliance News) - The Malaysian ringgit strengthened against the US dollar in the Asian session on Wednesday.

Against the greenback, the ringgit rose to more than a 3-week high of 3.2028. At yesterday's close, the ringgit was trading at 3.2069 against the greenback.

If the ringgit extends its uptrend, it is likely to find resistance around the 3.18 area.

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Source: Alliance News

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