Thursday 5 January 2017

Ringgit Malaysia. Deja Vu

Is a 2017 hit single for the year's hottest act thus far, J.Cole, taken from the hip hop artist latest album 4 your eyez only.

An artificial boost for the Yuan, with China demanding state owned entities  sell foreign currency in exchange for the Yuan, has created a short term demand for the Chinese currency.

Analysts says that Yuan rally won't last, the US Dollar will be back with an evil bang. All these means at 4.48 to the dollar, the Ringgit is merely experiencing DEJA VU.