Is the 1980's mega hit by Paul Young, taken from the album the secret of association.
After months of telling Malaysians to RELAX, Bernama is suddenly changing its tune, saying somebody's gonna tear Ringgit Malaysia's playhouse down
Bernama says the Ringgit against the US Dollar will hit RM4.50 next week.
RM4.49 now buys one us dollar, against the backdrop of crude palm oil prices at a four week low, and oil prices at at 52 week high of US$55.16 satu tong.
A weak Ringgit is good for Malaysian exporters, so watch out for Mieco Chipboard, Inari and Top Glove.
Here is the Bernama story. Read below :
KUALA LUMPUR: The ringgit is expected to remain under pressure next week and may hit the 4.50-level against the US dollar on continued foreign fund outflows from the emerging markets, said a dealer.
Affin Hwang Investment Bank Vice-President/Retail Research Head Datuk Dr Nazri Khan Adam Khan said the local note hit 4.4780 against the greenback on Tuesday, the lowest level since the 4.71-level recorded in January 1998.
"The continuous foreign fund outflows is due to the recent US Federal Reserve's (Fed) interest rate hike, the anticipation of more rate hikes in 2017, as well as President-elect Donald Trump's new policies on infrastructure spending and tax cuts," he told Bernama.
