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USDMYR United States Dollar vs Malaysian Ringgit

4.7415
0.002 (0.04%)
Last Updated: 05:51:59
Delayed by 15 minutes
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
  0.002 0.04% 4.7415 4.739 4.744 4.7425 4.7415 4.7395 0 05:51:59

Malaysian Ringgit Drops To 6-day Low Against U.S. Dollar

29/11/2015 11:43pm

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US Dollar vs MYR (FX:USDMYR)
Forex Chart


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The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Monday.

Data from the Department of Statistics showed that Malaysia's domestic producer price index dropped 2.6 percent year-over-year in October, following a 5.1 percent decrease in September. In August, prices had fallen 5.4 percent. On a monthly basis, producer prices rose 1.7 percent in October, much faster than the 0.1 percent slight increase in the preceding month. It was the second successive monthly climb.

Against the greenback, the ringgit fell to a 6-day low of 4.2800 from an early high of 4.2640. At Friday's close, the ringgit was trading at 4.2600 against the greenback.

If the ringgit extends its downtrend, it is likely to find support around the 4.40 area.

1 Year US Dollar vs MYR Chart

1 Year US Dollar vs MYR Chart

1 Month US Dollar vs MYR Chart

1 Month US Dollar vs MYR Chart

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