The Malaysian ringgit weakened against the U.S. dollar in the late Asian session on Friday, as oil prices declined.
Against the greenback, the ringgit fell to more than a 2-week low of 4.2859 from yesterday’s closing value of 4.2560.
If the ringgit extends its downtrend, it is likely to find support around the 4.32 area.
The material has been provided by InstaForex Company – www.instaforex.com