Ringgit closes weaker against US dollar on lower IPI : vimar

The ringgit reversed its previous day’s gains to close lower against the greenback yesterday due to lower Industrial Production Index (IPI) data and a technical correction after appreciating over the last three trading days, according to an analyst.

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Kuala Lumpur , Malaysia , Mohd Afzanizam , Mohd Afzanizam Abdul Rashid , Bank Muamalat Malaysia Bhd , Industrial Production Index , Muamalat Malaysia Bhd , Forex , Ringgit , Usd , Ipi , Technicalcorrection ,