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Malaysian ringgit weakness seen to persist in near term

KUALA LUMPUR, Oct. 23 (Xinhua) -- Analysts on Monday foresaw the Malaysian Ringgit (MYR) weakness will persist in the near term.

Maybank Investment Bank Research said in a note that it's due to concerns that persistently strong U.S. data and treasury supply could keep U.S. treasury yields elevated.

Also, the research house opined that jitteriness about the Gaza conflict spreading could increase appetite f



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Malaysian ringgit weakness seen to persist in near term

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