USD/MYR Exchange Rate Today, Forecast & News

USD/MYR
US Dollar - Malaysian Ringgit
Closed
4.70750+0.00350 (+0.07%)
As of: May 31, 2024 18:57 UTC
Open
4.70400
High
4.70860
Low
4.70150

Stats

Prev. Close

4.70400

Open

4.70400

Day's Range

4.70150 - 4.70860

52 Week Range

4.49740 - 4.80360

YTD Change

2.06%

1 Year Change

2.11%

Economic CalendarAll Events

Time zone: GMT

Friday, May 31st 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Core PCE Price Index MoMApr	High	0.2%	0.3%	0.3%
12:30	USD	Personal Income MoMApr	High	0.3%	0.3%	0.5%
13:45	USD	Chicago PMIMay	Medium	35.4	41	37.9
22:15	USD	Fed Bostic Speech	Medium

Monday, June 3rd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
13:45	USD	S&P Global Manufacturing PMI FinalMay	Medium		50.9	50
14:00	USD	ISM Manufacturing PMIMay	High		49.8	49.2
14:00	USD	ISM Manufacturing EmploymentMay	Medium		49	48.6

USD/MYR

The US Dollar to Malaysian Ringgit currency pair contrasts the economic powerhouse of the United States, with its vast technological and service sectors, against Malaysia's emerging market economy, which is significant in electronics manufacturing and commodity exports like palm oil and rubber. The Ringgit reflects Malaysia's trade dynamics and economic policies, while the Dollar's movements are dictated by a spectrum of US economic indicators and its status as the global reserve currency. The USD/MYR exchange rate is a key measure for Southeast Asian economic engagement with global financial markets.

	Malaysia		United States
Interest Rate	3% May 24		5.5% May 24
Inflation Rate	1.8% Apr 24		3.4% Apr 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	A3Stable	A-Stable	AaaNegative	AA+Stable

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Currencies

USD/MYR

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