FORWARDS for Malaysia’s currency were firming up on Friday after touching their lowest level since December during Thursday’s session in the immediate wake of a historic general election.
One-month currency forwards for the Ringgit, a proxy for the currency’s outlook during a two-day post election holiday that runs through the rest of Friday, had strengthened 1.7 per cent against the greenback to 4.0093 per dollar, leaving it only 0.6 per cent weaker since before the vote.
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