Thursday, 10 November 2016

Ringgit Malaysia. Before They Say This Is Najib's Fault

Read this Bloomberg article. If the slide of the Ringgit is PM Najib's fault, then every president or prime minister in Asia MUST also be at FAULT.

Read Below :

South Korea’s won tumbled with the Malaysian ringgit and a global bonds selloff extended into Asian trading amid speculation the Federal Reserve will boost interest rates to cap inflation as a Donald Trump-led administration steps up spending.

The won sank to a four-month low and the ringgit slipped to levels last seen in January as Bloomberg’s dollar index held near an eight-month high. Australia’s 10-year bonds fell to their lowest since April, sliding with notes in New Zealand and South Korea