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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European Shares Poised For Mixed Open
European stocks are seen opening on a mixed note Friday due to lack of Wall Street cues. After closing for the Thanksgiving holiday, the U.S. stock exchanges will open for half a day today and close early at 1 p.m. EST.
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