Malaysian Ringgit Falls To Near 4-month Low Against U.S. Dollar

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Malaysian Ringgit Falls To Near 4-month Low Against U.S. Dollar

(RTTNews) - The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Wednesday.

Against the greenback, the ringgit fell to nearly a 4-month low of 4.7850 from yesterday's closing value of 4.7640.

If the ringgit extends its downtrend, it is likely to find support around the 4.80 region.

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Malaysian Ringgit Falls To More Than 1-month Low Against U.S. Dollar

Malaysian Ringgit Falls To More Than 1-month Low Against U.S. Dollar

The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Thursday, after Prime Minister Anwar Ibrahim stated on Thursday, subsequent to a discussion with Trump, that the tariff rate on Malaysian products would be revealed on Friday.
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