Kenyataan Zeti signal pada dealer jatuhkan lagi Ringgit

Posted by The Unspinners

Dari carta di atas, jelas sekali kenyataan Zeti benar2 seakan2 sabotaj matawang malaysia dengan kenyataannya.

Sebaik dia nyalahkan kerajaan, ia dianggap peniaga mata wang asing sebagai Bank Negara tidak boleh bertindak, tidak berdaya untuk bertindak dan tidak akan bertindak kerana dah serahkan pada kerajaan.

Petikan dari blog ABITW berhubung Zeti yang tiada tindakan langsung berikut:

Ringgit got worse over the Aidil Adha and since Tan Sri Zeti's damaging words on 1MDB, ringgit went down further by more than 2,300 pips to touched the new low for this run of about 4.45 (1 pip = 0.0001).

So the words of a former currency trader pales in comparison to a central bank governor. Won't blame those with no inkling of market mechanics. It is the one on the phone making spontaneous decisions and put the trades that move market, not procrastinating bureaucrat without balls.

Currency traders may not be academically inclined in their assessment, but are street smart and logical. They would have interpreted her words as to mean Bank Negara Malaysia could not do anything since she already passed the buck to Government. 

Her only action was to say the economy was in fine form but only ringgit had problem. That was a mild hand off statement. There was no serious intervention, no interest rate policy change, and various other application of tools and instruments to curb excessive speculation.

A deep negative perception was allowed to sink in because Najib's public relation is poor. Zeti's statement worsen things by telling the market to go ahead and we are not wielding the stick.

The "close friend" in the message sent as quoted in the posting here is not just any corporate Dato or Tan Sri. And the same source claimed she was carrying out someone's instruction to sabotage the ringgit. Whose instruction would that be?

At one time, this blog claimed it makes no sense that Tong was involved in starting the ringgit decline. Not that there is a change of mind but Xavier Justo's confession brought about a rethink. Why not?

DO NOT BE SURPRISE THERE WILL BE A RETHINK ON NAJIB SHOULD THE UNDISPUTED AND UNDOUBTED PROOFS ARE REVEALED.

In the meanwhile.

Zeti may have good reason to be showered with accolades but her ability was only applicable during peace condition.

In a crisis, she failed miserably and resorted to blame game to absolve herself from responsibility. There could be basis had she did something, but she did nothing!

Anticipating more personal attack on moi's short of Phd qualification, not being rich, and preferred a modest life...