Is a 1990 top five hit for British duo, Go West.
When it comes to the Ringgit. Listen to this man. He is honest and direct to the point. The Sun has the story . Read Below :
KUALA LUMPUR: It will take awhile for the ringgit to recover and stabilise said Second Finance Minister Datuk Johari Abdul Ghani.
He said Bank Negara Malaysia (BNM) has taken necessary measures to stop the ringgit from further depreciation but it will take a while for it to rebound.
"It will take some time for the ringgit to adjust to the fundamentals of the economy. The measures taken by Bank Negara has stopped further depreciation in the offshore markets," he said at a 'Back To School' community event in Taman Maluri.
Now DO NOT listen to BERNAMA's mouth piece when it comes to the Ringgit, because it's "THE KING OF WISHFUL THINKING".
Why is it, a GOVERNMENT minister, can TELL it as it is, but BERNAMA will go, OUT of its WAY, to make the GOVERNMENT, look SLIMY , DISHONEST and HELL BENT on making US look like an ARSE.
READ, Laugh, Cry or Curse BERNAMA's Take on the Ringgit. Read Below :
KUALA LUMPUR, Dec 1 — An analysis of the ringgit pattern during every last quarter of the year exemplifies that even though the currency remains volatile and people become jittery, it is not going to crash, and will hardly be traded beyond 4.50 against the US dollar, an economist said.
IQI Group Holdings chief economist/investment strategist Shan Saeed said the ringgit would not collapse, instead it would just depreciate against the US dollar.
“Sit back and relax. Currency values are determined by market forces.
“I strongly believed the ringgit will soon stabilise and will appreciate back to the level of 4.20 to 4.30 (against the US dollar) within this month or January next year.
