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Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore,  pop over and join in the fun.

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Old 17-01-2017, 08:20 AM
Sammyboy RSS Feed Sammyboy RSS Feed is offline
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Thumbs up Serious Remember 1997: A perfect storm is forming around the Malaysian ringgit

An honorable member of the Coffee Shop Has Just Posted the Following:

A perfect storm is forming around the Malaysian ringgit, as its value remains at risk from a protracted economic slump aggravated by a domestic political scandal and the prospect of rising US interest rates.

But the distress does not stop there, as a currency sell-off in Malaysia could have a contagious financial spillover on neighbouring economies, sparking capital outflows and compounding financial volatility. http://www.bangkokpost.com/business/...1/ringgit-rout




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Old 17-01-2017, 05:35 PM
jameschong1 jameschong1 is offline
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Re: Serious Remember 1997: A perfect storm is forming around the Malaysian ringgit

[QUOTE]
Quote:
Originally Posted by Sammyboy RSS Feed View Post
An honorable member of the Coffee Shop Has Just Posted the Following:

A perfect storm is forming around the Malaysian ringgit, as its value remains at risk from a protracted economic slump aggravated by a domestic political scandal and the prospect of rising US interest rates.
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