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ForexMedium•13 February 2026•

1 min read

Ringgit Holds Near Multi-Year Highs as Malaysian Industrial Production Beats Forecasts

A golden dollar sign glows green at the center of a world map, with green lines connecting continents. Currency codes EUR, EPY, JPY, EDF, and GBP are visible at the bottom. An upward arrow is in the t

The USD/MYR currency pair continues to trade within a narrow range near its multi-year lows, reflecting sustained strength in the Malaysian Ringgit. Recent data revealed that Malaysia's industrial production exceeded market expectations, primarily driven by robust performance in the electronics and export-oriented manufacturing sectors. While the mining sector showed some signs of weakness, analysts at Commerzbank suggest this downturn is likely temporary and unlikely to derail the broader economic momentum. The strong domestic data reinforces investor confidence in Malaysia's economic resilience amid global trade shifts. Consequently, the Ringgit remains well-supported, maintaining downward pressure on the USD/MYR pair. Market participants are now closely monitoring further manufacturing indicators to gauge the currency's next directional move.