The yen has rallied almost 0.2% to 101.7. Most EM Asia currencies are weaker vs. the USD, led by a 0.5% fall in the INR to 61.475 and a 0.3% drop in the MYR to 3.282. USDCNY fixed 26bps higher to 6.1346 pushing USDCNH up to 6.1484, just under its year high on Wednesday.
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Credit Suisse