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Recently, Bank Negara instructed banks in Malaysia to impose restrictions on the use of Non-Deliverable Forward (NDF) swaps on Malaysia Ringgit. Evaluate the objective and

Recently, Bank Negara instructed banks in Malaysia to impose restrictions on the use of Non-Deliverable Forward (NDF) swaps on Malaysia Ringgit. Evaluate the objective and the use of NDF and how this policy would affect the Ringgit currency in global platforms.

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