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MYR

Spot USD/MYR trades at MYR4.1792, up 15 pips on the day, with familiar dynamics related to the ongoing war in Ukraine still in the driving seat. Bulls look for a rally above Feb 24 high of MYR4.2077, while bears keep an eye on Mar 4/Jan 13 lows of MYR4.1730/20.

  • The Straits Times reported that the government is preparing to announce the date for reopening Malaysia's international borders in the coming days, which was approved at last week's Cabinet meeting.
  • The main point of note on the local docket this week is provided by industrial output/m'fing sales, due for release on Friday.
MNI London Bureau | +44 203-865-3806 | krzysztof.kruk@marketnews.com
MNI London Bureau | +44 203-865-3806 | krzysztof.kruk@marketnews.com

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