Malaysian Ringgit supported by strong Q2 GDP growth, says Commerzbank

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Summary · why it matters

Commerzbank analysts report that Malaysia's stronger-than-expected second-quarter GDP growth and subdued inflation support an unchanged policy rate of 2.75%. The US dollar to Malaysian ringgit exchange rate has remained within a 4.05 to 4.10 range, recently edging higher alongside crude oil prices.

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