Asian currency update: CNY, KRW, SGD, and MYR

  • CNY: Fixed at 6.3441; Shanghai Bourse +2%; Speculation increases of an RRR cut this month:
  • KRW: Agents suspected below in USD/KRW 1100/05; rate cut expected on Thursday:
  • MYR: Agents suspected below 3.0000/3.0200:
  • SGD: Waiting for MAS on Friday.

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