Malaysian Ringgit Climbs To 1-1/2-year High Against U.S. Dollar
January 16 2020 - 8:12PM
RTTF2
The Malaysian Ringgit strengthened against the U.S. dollar in
Asian deals on Friday, as investor sentiment lifted up after strong
Chinese economic data.
Official data showed that China's economy grew in line with
expectations. Data released by the National Bureau of Statistics
showed that China's gross domestic product or GDP grew 6.1 percent
in 2019, which was well within the target of 6 to 6.5 percent
growth. The Malaysian Ringgit advanced to a 1-1/2-year high of
4.0540 against the greenback from yesterday's closing value of
4.0610. If the Ringgit rises further, 3.8 is seen as its next
resistance level.
US Dollar vs MYR (FX:USDMYR)
Forex Chart
From Mar 2024 to Apr 2024
US Dollar vs MYR (FX:USDMYR)
Forex Chart
From Apr 2023 to Apr 2024
