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| Name | Symbol | Market | Type |
|---|---|---|---|
| United States Dollar vs Malaysian Ringgit | FX:USDMYR | Forex | Exchange Rate |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0165 | -0.35% | 4.738 | 4.7355 | 4.7405 | 4.7401 | 4.738 | 4.7545 | 0 | 05:28:44 |
From May 2019 to May 2024
The Malaysian ringgit strengthened against the U.S. dollar in the Asian session on Friday, after data showed that the nations' consumer price inflation accelerated at a slower-than-expected pace in April.
Data from the Department of Statistics showed that Malaysia's consumer price index rose 1.8 percent year-over-year in April, faster than previous month's 0.9 percent climb. Economists had expected a 2.2 percent increase for the month. On a monthly basis, consumer prices moved up 0.9 percent in April.
Against the greenback, the ringgit rose to a 3-day high of 3.5845. At yesterday's close, the ringgit was trading at 3.6025 against the greenback.
If the ringgit extends its uptrend, it is likely to find resistance around the 3.50 area.
1 Year US Dollar vs MYR Chart |
1 Month US Dollar vs MYR Chart |
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