SOLYMONE BLOG

MALAYSIAN RINGGIT UNDERVALUED?


The ringgit is undervalued, says Maybank Group president and chief executive officer Datuk Abdul Farid Alias. “It keeps changing over time depending on expectations, but clearly it is undervalued,” he said in an interview with the New Straits Times Press group.
Farid said Clearly expectations have changed. At one time he had commented that the ringgit should be at RM3.30 to the US dollar. 
We know that fundamentally we are undervalued and based on interest rates parity we should be at 3.3. When we say it, we hope people will pick up on it, but it hasn’t
happened”, he said.

Source: NST
0 comments:

VISITORS DETAIL LOCATION

VISITORS GEOFLAGS SINCE AUGUST 26, 2009

SABAH, MALAYSIAN BORNEO - THE LAND BELOW THE WIND

CITY OF KOTA KINABALU, SABAH-MALAYSIAN BORNEO

Translate

DREAM ON

TIME IN MALAYSIA

TOTAL PAGES VIEW SINCE 30 DAYS AGO

TRANSLATE TO YOUR LANGUAGE

Solymone

My photo
Tenghilan, TUARAN, Sabah, Malaysia

MY FACEBOOK

VISITORS LOCATION GLOBE

VISITORS NATIONAL FLAG

VISITORS GEOFLAGS BY CITY

WHY I KEEP RE-VISITING SABAH

WHY I KEEP RE-VISITING SABAH
Clicks To Read

IINTERNATIONAL BLOGSPOT

BLOG ARCHIVE

MALAYSIAN BORNEO BLOGGERS

MALAYSIAN BORNEO BLOGGERS

...................................................................

...................................................................
MALAYSIAN
Blog Widget by LinkWithin