RINGGIT GETS LIWATTED AT RM4.76 / US DOLLAR. OKONOMI SEGAR BUGAR.

 

 

 

The Malaysian ringgit fell to its lowest level since the Asian Financial Crisis as the currency was weighed by the dollar's rise and a widening rate differential with the US. The currency dropped by 0.3% to 4.7635 per dollar, the weakest since 1998. It's the worst performer in Asia this year after the yen.5 hours ago

Bloomberg

 

OSTB : Here is the performance of the KLCI over the past one month:

 

 

It looks like the KLCI crawled out of the Klang Valley (graph above) for a while but is stuck below 1445.

This is within a few days of the Budget. 

Folks, we aint going nowhere in a hurry.

The views expressed are those of the writer and do not necessarily reflect those of MMKtT.