MYR Extends Gain; USD Sold on Current-Account Surplus: Trader
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- USD/MYR sold by banks with investors focused on Malaysia’s better-than-forecast current-account surplus, according to Asia-based FX trader.
Alert: HALISTER1- Spot USD/MYR down 1.5% to 4.1558
- Yield on nation’s 3.955% bond due Sept. 2025 down 1 bp to 3.917%
- Malaysia 4Q surplus MYR11.4b vs MYR8.1b est; 4Q GDP +4.5% vs est. +4.1%
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283