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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 4.7675 | 4.765 | 4.77 | 4.7675 | 4.7675 | 0 | 01:00:00 |
From Apr 2019 to Apr 2024
The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Friday.
On the economic front, data from the Department of Statistics showed that Malaysia's consumer price inflation eased at a faster-than-expected pace in February. The consumer price index rose only 0.1 percent year-over-year in February, slower than January's 1.0 percent climb. Economists had forecast a 0.2 percent increase for the month.
On a monthly basis, consumer prices dropped 0.6 percent in February. Against the greenback, the ringgit fell to a 6-year low of 3.7302. At yesterday's close, the ringgit was trading at 3.7040.
If the ringgit extends its downtrend, it is likely to find support around the 3.76 area.
1 Year US Dollar vs MYR Chart |
1 Month US Dollar vs MYR Chart |
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