The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Tuesday, as lingering concern over Greece boosts U.S. dollar.
Against the greenback, the ringgit fell to a 5-day low of 3.6473. At yesterday’s close, the ringgit was trading at 3.6215 against the greenback.
If the ringgit extends its downtrend, it is likely to find support around the 3.73 area.
The material has been provided by InstaForex Company – www.instaforex.com