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Malaysia: Are we staring at RM3.20?

A small portrait of Paul Frankenstein
Written byPaul Frankenstein
Posted 21 July 2005 20:39 GMT

Malaysia lost no time in following China's move to decouple its currency from the US Dollar; Jeff Ooi reports that Bank Negara Malaysia
has abandonded the US Dollar peg, replacing it with a managed basket of currencies, effective immediately.

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A small portrait of Paul Frankenstein
Written byPaul Frankenstein

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