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Ringgit Edges Lower With Focus On Fed Hawkishness

MYR

Spot USD/MYR operates at MYR4.2165, up 28 pips on the day, with bulls looking to a move through Mar 29 high of MYR4.2260 towards Mar 24 high of MYR4.2373. On the downside, bears would be pleased by a sell-off past the MYR4.2000 figure, which limited losses on Mar 30.

  • Malaysia's Law Minister said that the tabling of Anti-Party Hopping Bill has been postponed again, with the government still hammering out the precise legal definition of "party-hopping".

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