HALISTER1: USD/MYR 1-Mo NDF Extends Gain After Reuters Report on Trading

USD/MYR 1-Mo NDF Extends Gain After Reuters Report on Trading

(Bloomberg) -- USD/MYR 1-month NDF climbs 1.0% to 4.4040 rising for the first time in 3 days, following Reuters report that the Malaysia’s central bank has asked foreign banks to refrain from trading in non-deliverable forwards when unwinding positions in Malaysian markets.
  • Spot USD/MYR up 0.2% to 4.3517
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Source: BFW (Bloomberg First Word)

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