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Ringgit drops further to 4.45 to US$1
Weak sentiment towards emerging currencies, brought on by speculation of a December US interest rate hike, pushed the ringgit to depreciate further against the greenback in early trade today.
At 9.05 am, the local unit was traded at 4.4500/4600 to the greenback from 4.4400/4450 yesterday.
At 10am today, Bloomberg reported that the ringgit reached the point of 4.4675 to US$1.
According to Bernama, despite higher overnight crude oil prices, which sometime provided support to the ringgit, investors accumulated position for the US dollar.
Read more: https://www.malaysiakini.com/news/363963#ixzz4QyXJzw38
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4 ulasan:
Tak ada orang nak Rengget
Pelabur tengok Rengget nampak BEWAK
Bukan nampak KANCIL
Tahun depan pelabur tengok Rengget nampak Mahluk Asing pulak , BEWAK MATA SEPET
Hancur kangkong
FIAT CURRENCY has zero value.....in the world
it is made 'legal' by various GARMEN, around the world....
confidence in their 'FIAT CURRENCY' depends on the confidence of the GARMEN that issue and endorse that 'FIAT CURRENCY'....via LEGAL means!
no confidence EQUALS no value
expecting one US dollar to ten ring-it!!!!
p.s. my 'insider information' told me, this will happen, a few years ago.(~4 years ago)
For now prepare to eat lots of kang-n-kung!
For the future, prepare to eat the SUN! (hint: "sun-gazing")
buat apa mau renggit?
kan ada banyak REMPIT!
di sini sana!!!!!!!!!!!!
har har har har har har har hah
Telaga minyak US dah kluar production..
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