We are confident RM will recover further by end of 2017

As we have always said that RM is undervalued. Recent strength reflex the trend may reverse further. We believe the fair value of RM to USD is at RM 3.80 vs USD 1.  But 6 months to end of 2017 only try RM 4.20 below vs USD 1.00.

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Blog at WordPress.com.

Up ↑

%d bloggers like this: