News Column

Malaysian Ringgit Falls To 5-day Low Against US Dollar

July 29, 2014

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

Against the greenback, the ringgit fell to a 5-day low of 3.1815.

If the ringgit extends its downtrend, it is likely to find support around the 3.19 area.

Malaysian markets were closed for the past two days on account of Aidilfitri holiday.

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Source: Alliance News

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