Malaysia Новости

USD/MYR falls 0.59% to 4.06 on August 17

The US dollar slipped 0.59% against the Malaysian ringgit to 4.06 on August 17, adding to a modest 0.31% weekly decline. The ringgit has edged higher against the dollar over both timeframes. Malaysia is a major exporter of electronics, palm oil, and liquefied natural gas, so the ringgit's value influences the competitiveness of its exports and the cost of dollar-denominated imports.