Sunday, September 07, 2008

Ringgit to Head 15-Month Low By End of 2008

Malaysia's ringgit will drop to a 15-month low by the end of 2008 as a widening budget deficit, slowing growth and political turmoil will spur global funds to flee, according to CIMB Investment Bank Bhd.

http://www.bloomberg.com/apps/news?pid=20601083&sid=adY8VZ8e5LUU

No comments:

Post a Comment

Do provide your constructive comment. I appreciate that.