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| | | FX Flash
by Saktiandi Supaat |
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| | | USDMYR fell sharply over the past few days with intra-day low seen at 4.2130 levels. The move lower was due to cumulative new and ongoing factors including, slight improvement in global risk appetite overnight, continued improvement in investor sentiment for Malaysia risk assets, improving macro-fundamentals, firmer oil prices amid soft USD environment. Persistent strength in renminbi and SGD are also some of the key factors that should allow the MYR to play catch-up. | |
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