The USDMYR decreased 0.0030 or 0.07% to 4.4435 on Monday March 17 from 4.4465 in the previous trading session. Historically, the USDMYR reached an all time high of 4.88 in January of 1998.
The Malaysian Ringgit is expected to trade at 4.45 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.48 in 12 months time.