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Ringgit continues to slide despite curbing of NDF trades
Add BT as a preferred sourcePublished Thu, Nov 17, 2016 · 09:50 PM
Kuala Lumpur
A MOVE by Malaysia's central bank to restrict NDF trades could help reduce ringgit volatility but analysts say it could also send the wrong signals about investing in the country.
The move comes as the ringgit continued to slip against most currencies, falling to 4.3935 to the US dollar and 3.1055 to the Singapore dollar.
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