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As a reminder the Malaysian opposition...>

DOLLAR-MYR
DOLLAR-MYR: As a reminder the Malaysian opposition party has secured a majority
in the countries general election.
- Former Malaysian PM Mahathir Mohamad opposition alliance won 115 seats, over
the threshold of 112 seats needed to form a government. Mr Mahathir, 92,
defeated the governing Barisan Nasional coalition, which has been in power for
more than 60 years. He came out of retirement to take on his former protege,
Najib Razak. "We are not seeking revenge, we want to restore the rule of law,"
Mr Mahathir told reporters.
- Malaysian markets will be closed on Thursday & Friday & re-open on Monday.
USDMYR 1-Month NDF's hit a high of 4.0919, last at 4.0218, spot closed at 3.9497
on Wednesday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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