Sept 7 (Reuters) - Asian currencies rose on Thursday as investors saw the resignation of U.S. Federal Reserve Vice Chair Stanley Fischer as a sign that it will be even more cautious about raising interest rates again, implying further weakening in the dollar. "We could read into the Stanley Fischer surprise overnight, considering that he was leaning towards interest rate normalisation. I think the market thinks that now the chance of interest rate normalisation may get delayed further," said Stephen Innes, head of trading Asia at OANDA. The U.S. dollar hit a multiyear low against the Canadian dollar on Wednesday after the Bank of Canada surprised many by raising interest rates, but rose against the yen albeit marginallty, as worries over the Korean peninsula favoured the popular safe-haven currency.
MALAYSIAN RINGGIT The Malaysian ringgit surged to a fresh near 10-month high against the dollar as investors looked forward to the Malaysian central bank's decision on its benchmark rate later in the day, which is widely expected to remain unchanged, according to a Reuters poll. "A standout in the region has been the Malaysian ringitt. If we consider yesterday's export numbers, they were a rocking high, which is not a sign of a weak economy," said Stephen Innes. "The currency has been very stable and strong this year, which is appealing to investors," Innes added. Malaysia's export growth in July rose 30.9 percent from a year earlier on higher shipments of manufactured products and mining goods, beating the 23.1 percent rise forecast by a Reuters poll. The following table shows rates for Asian currencies against the dollar at 0514 GMT,
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