Sunday 22 January 2017

Ringgit Malaysia. KUN.Bad And Boujee

Is a current top five Us hit for rapper Migos.
Bad and Boujee, means high class... And Ringgit Malaysia, is now at a new high class game.
The currency starts the day, at RM4.44, with exporters, coming to realise that the stock market has come to accept that 4.40 to the US Dollar, as the NEW NORMAL.
No longer are their shares going to rally, unless the Ringgit pass the 4.50 level.
For the past two years, the Chinese businessmen had described the state of Malaysia's economy as KUN or bitter.
Hence, when they have their reunion dinner this Friday, will anything have changed for them to feel OTHERWISE????