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Malaysia: Unpeg Day 1: Bank Negara intervenes

A small portrait of Paul Frankenstein
Written byPaul Frankenstein
Posted 22 July 2005 19:05 GMT

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In the wake of yesterday's decision to unpeg the Malaysian ringgit from the US dollar, it seems as if Bank Negara promptly intervened to prevent a run-up in the value of the Malaysian currency, notes Jeff Ooi.

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A small portrait of Paul Frankenstein
Written byPaul Frankenstein

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