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BNM’s FX reserve to ease in near term

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) foreign exchange (FX) reserves is expected to ease in the immediate term due to a rise in risk premium caused by the Covid-19 pandemic, an investment bank said. Public Investment Bank Bhd (PIB) said this is not unique to Malaysia but across the emerging markets economies (EMEs), but a rebound could be […]