Is a 1987 hit for Sammy Hagar, the front man for the American Heavy Metal band, Van Halen.
Malaysia's second finance minister is CORRECT, that WE have ample reservers and that what is happening to the Ringgit is NOT country specific.
The Malay Mail has the smackdown on Johari's US$97 billion put. (At last count it takes RM4.41 to buy One US Dollar).
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Investors remain jittery over a volatile market following Donald Trump’s surprise victory in the US presidential election but Finance Minister II Datuk Johari Abdul Ghani remains unperturbed.
He said the country has enough reserves to weather the uncertainty as the ringgit, together with South Korean won and Indonesian rupiah, slumped against the US dollar on Friday.
“We have seen this many times and we are not the only nation affected by such fluctuations,” he said.
“We must remain focused on managing our economy the best we can. We have huge reserves ... some US$97 billion (RM427.71 billion). We are able to sustain.
