Ringgit Forwards Reach 7-Month High; Malaysia 5-Yr CDS Tightens
Source: BFW (Bloomberg First Word)
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(Bloomberg) -- MYR 1-month NDF surged 1.7% to 4.0304 per dollar in North America, strongest since Aug. 13.
Alert: HALISTER1- Spot USD/MYR closed in local market down 1.8% to 4.0590
- Five-year credit-protection costs for Malaysia fell 10 bps, most in a month, to 144.5 bps yesterday, lowest daily close since July 29, according to CMA New York data
- Brent crude futures rose 3.0% to $41.54/bbl yesterday
Source: BFW (Bloomberg First Word)
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UUID: 7947283