QUOTE(yolldddd @ Sep 24 2015, 07:48 PM)
Don't dream... How we can pegged??? Federal reserved is fall below and we use what to pegged? Pegging means every 1 USD (if pegged 4.50MYR and market price is 5.00MYR), as bank negara will needed to pay the difference... For example, you buy USD 10 from ebay and bank negara will needed to compensate every 0.50MYR per dollar...This is what we called pegging and not as simple someone said that easy... Every dollar that we spent will be cover by bank negara... Zeti governor cannot decide on this and only FINANCE MINISTER can do so... If pegging is happen, investor will leave and not buying anything from us due to pegging is higher price to them.
Sep 25 2015, 12:18 AM

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