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

RTTNews | 246 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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Canadian Market Modestly Higher, Looks Headed For A Firm Close

Canadian Market Modestly Higher, Looks Headed For A Firm Close

The Canadian market is modestly higher Thursday afternoon with gains in materials and energy sectors contributing to the rise. The mood remains positive with investors reacting to the European Central Bank's rate cut move, and optimism about interest rate reductions from the Federal Reserve and the Bank of Canada.
RTTNews | 4h 29min ago