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

RTTNews | 511 days ago
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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Yen Falls As Traders Speculate BoJ Rate Hike Pause

Yen Falls As Traders Speculate BoJ Rate Hike Pause

The Japanese yen weakened against other major currencies in the late Asian session on Wednesday, as traders reduced their bets on an immediate interest rate hike by the Bank of Japan (BoJ) due to worries about the possible economic effects of US President Donald Trump's trade tariffs.
RTTNews | 33 minutes ago