Home › Business › Business News
Thursday, 22 August 2013
SINGAPORE, Aug 22 (Reuters) - The Malaysian ringgit fell to its lowest in more than three years on Thursday as the U.S. Federal Reserve looked set to taper its asset-buying programme next month.
The ringgit lost as much as 0.8 percent to 3.3200 per dollar, the weakest since June 2010.
On a technical chart, the Malaysian currency is seen weakening to 3.3345, the 50.0 percent Fibonacci retracement of its appreciation between 2009 and 2011.
Rupiah at fresh 4-year low on outflows; ringgit weaker before c/a data
Samsung seeks smartphone revamp to arrest profit slide
Nintendo to develop "quality of life" device to track sleep, fatigue: CEO
Apple in talks to sell iPhone in Iran: report
Gold near 3-week low after Fed optimism over US economy
TM research arm wins Witsa award for LED connectivity tech
Visa sees mobile payment as big growth driver
Thumbs up for Restaurant Home Cook's char siew and fish dishes
Apple chief Tim Cook 'proud to be gay'
West Ham sweat on Sakho fitness as Carroll returns
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)