SHAH ALAM, 15 Oct: The Malaysian Ringgit remained against the US Dollar when the local unit was at 4.10 per USD as of 10 o’clock this morning.
The state of the ringgit that experienced a small good change also affects the current economic situation and the people.
However, it is still considered high compared to previously because it was found to be traded at a lower rate.
The Wall Street Journal (WSJ) reported that the ringgit traded weaker against the Euro when it was at about 4.70 per EURO.
Meanwhile, the local unit was trading at 2.99 compared to previously where it hit 3.04 against the Singapore dollar.
The exchange rate is Malaysia’s worst decline this year due to the country’s controversial investment company 1Malaysia Development Berhad (1MDB).
NS