Against the US dollar, the Malaysian Ringgit edged down during early Asian deals on Monday. At about 9:00 pm ET, the ringgit touched a low of 3.4070 per dollar, compared to last week's close of 3.3935. This set an 8 1/2-month low for the ringgit. The next downside target level for the Malaysian currency is seen around 3.42 against the dollar.
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