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MYRINR

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
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  • Previous Close
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  • 52 Week Change
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  • Day Range
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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  • EPS
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  • Beta
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  • Volume
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About

MYRINR.FOREX likely refers to the exchange rate between the Malaysian Ringgit (MYR) and the Indian Rupee (INR) in the foreign exchange market. The ".FOREX" suffix is commonly used to denote that the instrument is a currency pair traded on the forex market, as opposed to a stock or commodity. Therefore, this symbol represents the rate at which one currency can be exchanged for the other.
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Factors

Economic indicators: Malaysia's GDP, inflation, interest rates affect MYR.

India's economy: Similar to Malaysia, India's economic performance impacts INR.

Geopolitical events: Regional and global stability influence investor sentiment.

Commodity prices: Oil, palm oil prices crucial for MYR due to export reliance.

Interest rate differentials: Difference between Malaysian and Indian rates matter.

Market sentiment: Overall risk appetite affects emerging market currencies.

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