KUALA LUMPUR: The ringgit shed nine sen against the US dollar Monday morning, its biggest single day drop in the current down cycle.
The fall in the ringgit puts heavy pressure on Bursa Malaysia, with the key FBM KLCI down more than 27 points in early Monday trade while the ringgit weakened further against the US dollar.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.