The Malaysian Ringgit drifted lower against the U.S. dollar in Asian deals on Friday, as sell-off in oil, as well as weak China data triggered worries over global growth.
The ringgit slipped to 4.1928 against the greenback, its lowest since September 1998. If the ringgit weakens further, 4.2 is possibly seen as its next support level. The pair ended yesterday’s trading at 4.1350.
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