The mountain of repayments coincides with a slowing global economy, changes in monetary policy as central banks attempt to normalise policy, and record levels of sovereign debt borrowing.
It’s been a week of superlatives for stock traders, after US shares climbed the most in more than 9 years on Wednesday.
Exports are expected to grow 11.5% in June while imports were seen expanding 14.3% from a year earlier.
Sterling turned positive on the day and rose to $1.3272 , having fallen to as low as $1.3189 on Monday, after May's foreign minister and Brexit negotiator quit in protest.
The positive start to July follows a selloff in June, when crypto investors parsed a flood of comments from policymakers across the globe, looking for any evidence they may crack down on the peer-to-peer money.
It has invested significantly in security and privacy since last year, resulting in an average of 10,715 new members daily.
All three major indices rose, with investors seemingly persuaded President Donald Trump's recent threats to launch a trade war were actually a bargaining tactic.
Hollywood's awards season reaches its glittering climax on Sunday at the Oscars, with fairy tale romance "The Shape of Water" and dark crime comedy "Three Billboards Outside Ebbing, Missouri" neck-and-neck in the race for the major statuettes.
Rising inflation and economic growth are two other factors that will determine strength of ringgit this year.
Deputy Finance Minister I Othman Aziz agrees with bankers' forecast of the rebound based on improving commodity prices and steady economic fundamentals.