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USD/MYR traded narrow range, market continue to cap rallies

  • Pair traded 3.8065-90 range only, BNM seen stubborn at 3.81 for now

  • Matter of time before Central bank moves to higher intervention

  • FX reserves at USD105.5bln end June vs USD116bln end December 2014

  • Pair last index at 3.8055-95, NDFs 3.8270-3.8330; KLCI-1.04% 

 

  • Market Data
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