(Update) Ringgit falls to 4.4 mark against US dollar - News Summed Up

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(Update) Ringgit falls to 4.4 mark against US dollar


At 10 am, the ringgit was trading at 4.4030/4100 against the US dollar. "The question now is we need to see what the BNM can do to stabilize and strengthen the ringgit value against the US dollar. "The selling pressure on the ringgit and the downtrend of other emerging currencies continues to happen because the US dollar is steadily strengthening. "The situation must be examined and it is hoped the BNM will act on this, as there is nothing that the public can do," he told Bernama today. At 9.10 am today, the ringgit was trading at 4.3950/4020 against the greenback from 4.3900/3970 on Thursday.


Source: New Strait Times November 18, 2016 03:56 UTC



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