Malaysian Ringgit: Range holds as Malaysia outperforms – Commerzbank
Commerzbank strategists note that USD/MYR has remained in a 3.90–4.05 range since the Middle East conflict began. Malaysia’s March industrial production grew 3.1% year-on-year, supported by strong manufacturing and electronics despite weaker mining.
The USD/MYR is likely to remain within the established range of 3.90–4.05 as Malaysia's industrial performance supports stability. A potential breakout may occur if external factors shift significantly.
Commerzbank strategists note that USD/MYR has remained in a 3.90–4.05 range since the Middle East conflict began. Malaysia’s March industrial production grew 3.1% year-on-year, supported by strong manufacturing and electronics despite weaker mining.
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