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USD/MYR traded narrow range, market continue to cap rallies

Wednesday, July 8, 2015 3:36 AM UTC

Pair traded 3.8065-90 range only, BNM seen stubborn at 3.81 for now
Matter of time before Central bank moves to higher intervention
FX reserves at USD105.5bln end June vs USD116bln end December 2014
Pair last index at 3.8055-95, NDFs 3.8270-3.8330; KLCI-1.04%

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USD/MYR traded narrow range, market continue to cap rallies

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