UNDER pressure, is a mild statement to the situation Bank Negara Malaysia will be facing tomorrow as the Singapore Dollar blast its way to fresh record high of S$1 to RM3.36 today.
Pressure: pushing down on mePressing down on you, no man ask forUnder pressure that burns a building downSplits a family in twoPuts people on streets
THE central bank raising interest rate at this point of time, will of course be very unpleasant news to the rulling Barisan Nasional led Government, but if the central bank delays a rate hike, there could potentially lead to a run on the Ringgit. READ :Bank Negara Malaysia set to hike for fourth time in a row on Nov. 3 - Reuters poll