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USD/MYR Down at the Open

MYR


  • USD/MYR is down 0.16% to 4.3413 as of 10:25 a.m. Kuala Lumpur time; versus the Tuesday close of 4.3488.
  • Bloomberg dollar spot index little changed at the open.
  • USD/MYR one-month implied volatility is up this morning to 6.380%, versus 6.20% on Tuesday.
  • Malaysia's 10-year bond yield is little changed at 3.785% at Wednesday’s
    open.
  • Malaysia 5 yr USD CDS at 38bps (yesterday close 37bp, 5-year low 32bp in 2020).

Headlines

  • Malaysia must keep the door open for further monetary policy tightening to tamp down any price pressures as the government winds down subsidies, according to the OECD (Source: OECD Economic Survey on Malaysia).

Data Releases

  • S&P Global Malaysia PMI Manufacturing 02 September.

Government Bond Auction

  • Malaysia to Sell MYR5.5bn 2034 Bonds.

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