Feb 16 2017, 01:48 PM
QUOTE(AVFAN @ Feb 16 2017, 01:10 PM)
There is felda/fgv jitters.
And there is 1mdb still. This below is pushing the rm down again, despite usd now pretty neutral against other majors.
Bnm have a tough job holding at 4.45 with mega scandals unresolved.
Usd 4.46
Sgd 3.14
Aud 3.44
Dun be surprised if bnm give up and let it slip according to market forces.
Really have to close both eyes. Just cannot see continuing uptrend of major currency against MYR. Even my AUD bond which loss some value still makes me some profits because of strengthening AUD!And there is 1mdb still. This below is pushing the rm down again, despite usd now pretty neutral against other majors.
Bnm have a tough job holding at 4.45 with mega scandals unresolved.
Usd 4.46
Sgd 3.14
Aud 3.44
Dun be surprised if bnm give up and let it slip according to market forces.
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