Friday, 9 December 2016

Bank Negara Malaysia. Dua Sen. What's Up Gangsta

Is a 2003 hit for 50 Cent, from the rapper's debut get rich or die tryin album.

Well, when Bank Negara Malaysia imposed new conditions one Friday ago, that forbid exporters to hold more than 25 per cent of their currency in FOREIGN monies, especially, the US Dollar, one would have thought, the Ringgit to US Dollar, would have moved 50 Cent.

The Ringgit only firmed up by DUA SEN to RM4.42 from RM4.44 against the US Dollar.

What If next week, the US does indeed  cut Interest rates, who will be tapping whoes shoulders and be saying What's up gangsta, and who will fork out another US$1.9 billion to Get Rich or Die Tryin?