Is the smash hit for Shakka.
There is a Russian saying, the rouble is like your grandmother, like or don't like, have to keep. The Euro is like your mistress, it starts hot, but eventually it boils down to nothing.
The US dollar, though is like your wife...need to keep and maintain it till the end.
With that, it seems the Ringgit is like a man down, at the moment.
Currently the currency trades at RM3.98 to the dollar. Maybank and RHB are selling the US dollar at between RM4.03 and RM4.07.
CIMB says that by September, the Ringgit will be at RM3.75 against the dollar while Singapore's DBS Bank sees the Ringgit at RM4.20 to the dollar by year end.
