USD to MYR Exchange Rate at 3.76

USD to MYR at 3.76

usd-myr-2015-06

Factors
– Potential Fitch downgrade
– Foreign funds outflow
– 1MDB & political stability

Effect
– USD to MYR range est. by analysts increase 3.55-4.00 (Mid point 3.70 previously 3.50)
– Slight positive impact on economy due to forex gains & export competitiveness
– Expect readjust to fundamental value once domestic issues resolved

MyPF
Follow Us

MyPF

Admin at MyPF
Helping you to simplify and grow your Personal Finances.

Follow MyPF.my on facebook to get the latest updates!
MyPF
Follow Us

Latest posts by MyPF (see all)

MyPF

Helping you to simplify and grow your Personal Finances. Follow MyPF.my on facebook to get the latest updates!

Leave a Reply

Your email address will not be published. Required fields are marked *

MyPF.my