Tuesday, 3 September 2019

Maybank. That joke isn't funny anymore.

Was a minor hit for British band the Smiths. Some 6 months ago, Maybank (link is below) said that by September 2019, the Ringgit will be trading at RM3.98 level. What are the PEOPLE at Maybank NOT smoking???  The RINGGIT now trades at RM4.20 against the US dollar .
Clearly the Maybank equity/research desk are not up to scratch. Stop saying things to the press, if  you don't mean it. Coz THAT JOKE of the Ringgit trading at RM3. 98 against the dollar  isn't FUNNY anymore.
By the way, check out the latest oil price. How are we going to finance our national budget?

https://www.thestar.com.my/business/business-news/2019/02/27/ringgit-to-strengthen-to-398level-against-us-dollar-in-three-to-six-months

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