We continue to add Gold and AUD to hedge over weakening RM. We believe USD will improve further against RM. BNM may increase another 25 basis points next 6 months. However, BNM will be very cautious as to monitor the impact of GST that will start in 1st April. We believe retail will do well in quarter 1 of 2015 and follow with an extreme slow quarter. Thus giving more stress to RM in 2015.