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USD/MYR Tad Down; Pegged At 3.2300-3.2450

Forex News USD/MYR tad down at 3.2360 in quiet trade, vs 3.2365 previous close, as players sidelined ahead of CPI data, central bank rate decision later in week, dealers say. "Dollar/ringgit will probably hover around 3.2300 to 3.2450, with slight upside, because the market is not sure what Bank Negara will do" at Friday's rate meeting, while June CPI likely to be high, says dealer. June CPI due tomorrow, expected at +6.7% (would be a 26-year high), according to Dow Jones poll.



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