(Repeats from Thursday with no changes)

Nov 14 (Reuters) - The Malaysian ringgit has fallen by 3.6% versus the U.S. dollar since Donald Trump's election victory on Nov 6. The clean sweep by the Republican Party in both the House and Senate fuelled the MYR sell-off on Thursday. The U.S. dollar index has extended its bull run to a fresh 2024 high of 106.77 so far. Even as technical indicators are overbought, the Trump trade momentum remains the driving force.

Trump's proposed tariffs are a major risk for Malaysia due to its open economy and dependence on external trade. Economic growth would be greatly affected if Trump introduces broad tariffs of 10%-20% on all imports to the U.S. and a 60% tariff on Chinese goods. The U.S. and China are Malaysia's main trading partners. Bank Negara Malaysia held its policy rate at 3.00% for the ninth consecutive time on Nov 6, even though inflation has slowed to 1.85%. However, the central bank may ease in 2025 should growth slow due to headwinds from an all-out U.S.-China trade war and if Trump imposes a 20% tariff on Malaysia's exports to the U.S. USD/MYR has spiked to a more than three-month high ahead of Malaysia's third-quarter GDP data on Friday. A Reuters poll sees growth slowing to 5.3% on a yearly basis, down from 5.9% in the second quarter. USD/MYR was last at 4.4860, with a nearby hurdle found at 4.50; a break risks a retest of the April highs near 4.80.

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^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Catherine Tan is a Reuters market analyst. The views expressed are her own. Editing by Sonali Desai) ((catherine.tan@thomsonreuters.com))