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Ringgit Garners Strength


Spot USD/MYR has shed 85 pips thus far and last operates at MYR4.2230, with overnight greenback move in the driving seat. Bears look for further losses past Apr 6 low of MYR4.2085 towards MYR4.2000 which limited losses on Mar 30. Bulls need a clearance of Apr 12 high of MYR4.2417 before taking aim at Nov 26 high of MYR4.2490.

  • FinMin Zafrul said the government is committed to allocating adequate funds to ensure the success of the Malaysian National Health Agenda, adding that it will be emphasised in the 2022 spending plan.

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