Saturday 4 March 2017

Bernama. Ringgit Malaysia. Crash!Boom!Bang!

Is the 1990's massive hit by the duo Roxette, taken from the album of the same name.

Bernama now says that the RINGGIT is going to crash to RM4.48. The Ringgit now is trading at only RM4.45, but Bernama has raised the crash!Boom!Bang! alarm.

With a national news agency like this, I guess NAJIB RAZAK doesn't need an opposition, because he already has it in BERNAMA.

Read the Bernama report below :

The ringgit is expected to trade lower at 4.48 to the US dollar next week, on rising expectations of the Federal Reserve (Fed) raising interest rates this month.

Affin Hwang Investment Bank Vice-President/Head of Retail Research Datuk Dr Nazri Khan Adam Khan said the local note will be pressured further by the rise.

“The market focus is now on the Fed policy meeting on March 14-15,” he told Bernama.