Bloomberg Intelligence suggests that the Malaysian ringgit is potentially 10.1% undervalued against the USD, with a fair value estimate for USD/MYR being lower than the current spot close. Additionally, against a 10-year average of 4.14, the ringgit’s undervaluation stands at around 12.2%. These assessments align with Malaysia’s central bank, which recently expressed the view that the ringgit’s current value does not reflect Malaysia’s strong economic fundamentals and prospects.