MYR Market Update
13 May 2026 • 00:33 GMT
The Malaysian Ringgit (MYR) has remained relatively steady against major currencies recently. It is trading just above its 3-month average against the US dollar at 0.2542, within a stable range from 0.2470 to 0.2573. The ongoing positive economic outlook for Malaysia, supported by resilient domestic growth and government initiatives, continues to underpin the ringgit’s stability.
Against the euro, MYR is near its 3-month average at 0.2166, while against the British pound, it’s slightly below its 3-month average at 0.1878. The ringgit has also been stable versus the Japanese yen, trading just above its average at 40.08.
In terms of regional currencies, MYR has reached 90-day highs against the Indian rupee at 24.31, reflecting sustained strength in some markets. Meanwhile, the AUD has seen the ringgit slightly weaken, trading at 0.3512, which is below its 3-month average. Overall, the MYR remains resilient amid global fluctuations, supported by Malaysia's steady economic policies and foreign investment inflows.
📊 Quick forecast view
🔴 Mild downside
0.2530 – 0.2570
🌍 Global risk sentiment
⚪ Range-bound
