FX_IDC:SGDMYR   SINGAPORE DOLLAR / MALAYSIAN RINGGIT
20 0 1
IF Brexit happens, NZD is less affected as AUD is. Though there is an existing positive correlation between AUD & NZD, NZD will not fall as much as AUD. Carry trades prefer NZD Vehicle and with the robust economy with strong immigrant flow and a hot property sector will keep NZD up despite RBNZ's stance on a lower NZD.
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