RPT-Malaysia's central bank denies issuing circular on fixing orders-spokeswoman

August 20, 2015 2:26 AM

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KUALA LUMPUR Aug 20 (Reuters) - Malaysia's central bank on Thursday denied reports that it has issued a circular prohibiting local banks from taking orders for transactions from offshore banks at the daily fixing rates, according to a spokeswoman.

Local newspaper The Sun reported earlier on Thursday that the central bank, or Bank Negara Malaysia, has issued the ban after the ringgit plunged to 4.10 to the dollar last Friday. Foreign exchange reserves also dropped to below the $100 billion threshold in July.

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