The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Monday, as investor sentiment subdued on the increased prospects of a hike in U.S. interest rate after strong jobs growth data from the U.S.
Against the greenback, the ringgit fell to a 6-year low of 3.6910 from an early high of 3.6765. At Friday’s close, the ringgit was trading at 3.6825 against the greenback.
If the ringgit extends its downtrend, it is likely to find support around the 3.71 area.
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And it’s true that the rise in recognition of video games like League of Legends has coincided with the falling participation of traditional sports. However it’s additionally not that straightforward — some analysis suggests that children are getting burnt out by sports early on by parents who are implementing the so-known as 10,000-hour rule” on them.
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