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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.002 | 0.04% | 4.7675 | 4.765 | 4.77 | 4.7725 | 4.767 | 4.769 | 0 | 16:05:50 |
From Apr 2019 to Apr 2024
The Malaysian ringgit weakened against the U.S. dollar in the late Asian session on Wednesday, as investors were worried about China's Yuan devaluation and slowing economic growth. Adding to it, controversy over finances linked to Prime Minister Najib Razak also lead the investors to flee from the nation's assets.
Against the greenback, the ringgit fell to a 17-year low of 4.0340 from an early high of 3.9600. At yesterday's close, the ringgit was trading at 3.9270 against the greenback.
If the ringgit extends its downtrend, it is likely to find support around the 4.06 area.
1 Year US Dollar vs MYR Chart |
1 Month US Dollar vs MYR Chart |
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