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Malaysian Ringgit Rises To More Than 2-week High Against U.S. Dollar
(RTTNews) - The Malaysian ringgit strengthened against the U.S. dollar in the Asian session on Friday. Against the greenback, the ringgit rose to more than a 2-week high of 4.7360 from yesterday's closing value of 4.7500.
If the ringgit extends its uptrend, it is likely to find resistance around the 4.70 area.
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The Malaysian ringgit strengthened against the U.S. dollar in the European session on Tuesday.
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U.S. Existing Home Sales Unexpectedly See Further Downside In April
Existing home sales in the U.S. unexpectedly saw further downside in the month of April, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales fell by 0.5 percent to an annual rate of 4.00 million in April after plunging by 5.9 percent to a rate of 4.02 million in March.
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48 minuter sedan
