Yuan slide weighs on ringgit


Minister of Finance II Datuk Johari Abdul Ghani (inset)

PETALING JAYA: The ringgit continues to hover near record lows as the weakening of the yuan continues to loom large over emerging-market currencies.

As at 6pm yesterday, the ringgit weakened marginally to RM4.4662 against the dollar, compared to RM4.4660 on Tuesday. It is still trading near its lowest point since the Asian financial crisis in 1998.

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Business , ringgit , yuan , currency , decline , slide , Johari , dollar , economy , forex ,

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