Tuesday, 3 January 2017

Ringgit Malaysia. Born In The U.S.A

The Ringgit has just hit 4.50 against the US Dollar.

For some strange reason, pinning the decline of the ringgit, due to problems born in the U.S A is not going to cut any ICE with the JOE Malaysia.

Yes, many of the pressure facing the Ringgit is indeed Born In The U.S.A, but we have LOCAL issues too, that is hampering the Ringgit, namely 1MDB, a Jho Low who is still walking free and a human resource minister who cannot find a solution for manufactures need for a minimum one million extra foreign labour .