Thursday 24 November 2016

Maybank.Ringgit. Sign O The Times

Is the funky 1987 hit for Prince. And it could be "Sign O The Times " for the Ringgit which currently trades at RM4.44 against the US Dollar.
The triple 4 is the numerical of death for the Chinese. Maybank is doing nothing, to put the fear of that symbol to rest, when it VERY oddly quotes both the selling TT/OD for US Dollar and the CURRENCY notes selling price at the SAME level of RM4.52.
On the converse, at CIMB the TT/OD price for the US Dollar is at RM4.51, while for currency notes, it's at RM4.37.