News Column

Malaysian Ringgit Rises To 1-week High Against US Dollar

August 12, 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 a 1-week high of 3.1900. At yesterday's close, the ringgit was trading at 3.1946 against the greenback.

If the ringgit extends its uptrend, it is likely to find resistance around the 3.17 area.

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Source: Alliance News

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