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Market Overview
The USD/MVR closed at 15.44148, reflecting a slight increase of 0.01% from the previous close, consistent with the ongoing uptrend observed over the past 30 days. The pair has traded within a narrow range, with a 30-day high of 15.46327 and a low of 15.41859, indicating modest appreciation. The forecast suggests continued range-bound movement between 15.42 and 15.46, barring significant economic shifts. Upcoming indicators to watch include Maldives tourism data and US monetary policy updates, which may influence price action. Technical analysis shows the 20-, 50-, and 200-day moving averages clustered near 15.44, an RSI near neutral levels, with support at 15.42 and resistance at 15.46. For information only.
Last Updated 12/4/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.