Malaysian Ringgit Falls To Near 3-week Low Against U.S. Dollar

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Malaysian Ringgit Falls To Near 3-week Low Against U.S. Dollar

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

Against the U.S. dollar, the ringgit fell to nearly a 3-week low of 4.2845 from an early high of 4.2360. At Friday's close, the ringgit was trading at 4.2150 against the greenback.

If the ringgit extends its downtrend, it is likely to find support around the 4.40 region.

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Thai Bourse May Extend Losing Streak

Thai Bourse May Extend Losing Streak

The Thai stock market has finished lower in two straight sessions, giving away more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,175-point plateau and it may tick lower again on Friday.
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