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USD/MYR rose above 3.72; Feb CPI below forecast

  • USD/MYR broke above 3.72 level after weaker Feb CPI, 0.1%y/y vs forecast 0.2%

  • Recent fall in prices along with fiscal deficit increases chance of rate cut

  • Pair rose to 3.7250-70 last, NDFs 3.7370-10

 

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