To life is a 2009 hit single by Evanescence.
Sure enough, Bank Negara Malaysia' use off the only tool left intact from the RM3.80 to the Dollar peg, has helped the Ringgit rock like a Hurricane, back to life to RM4.33 to the US Dollar.
The last REGIME of the RM3.80 peg is that the Ringgit is NOT traded offshore.
Can we attribute, this TREMENDOUS showing by the Ringgit to PM Najib?
The ANSWER is NO. Likewise, the next time the Ringgit goes on a rollercoaster ride, due to some foreign speculators, We should accept it, for what it really is: MARKET FORCES.
