USD/MYR Lower; 3.1100-3.1220 Tipped N/T

The USD/MYR is lower at 3.1135 vs 3.1220 late Tuesday in Asia, tracking the greenback's weakness against most Asian currencies. Much of the dollar-selling activity is driven by exporters, a local trader says, although weak local shares and the December inflation data due later in the day "prevent the ringgit from rising further," she adds, tipping the USD/MYR to stay in a 3.1100-3.1220 range in the near term.