The Malaysian Ringgit has been falling against its U.S. counterpart in Asia on Thursday. The ringgit fell to 3.1720 against the greenback, its lowest level since July 2. If the ringgit slips further, it may target 3.18 level. The dollar-ringgit pair ended yesterday's deals at 3.1529.
The Malaysian central bank will conclude its monetary policy meeting and then announce its decision on interest rates. The bank is widely expected to keep rates on hold at 3.00 percent.
by RTT Staff Writer
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