Did Zeti intentionally allow Ringgit to fall sharply?: The above is the latest monthly chart.Yes, it is just o...

Did Zeti intentionally allow Ringgit to fall sharply?: The above is the latest monthly chart.Yes, it is just o...

The above is the latest monthly chart. Yes, it is just off the new high of 4.48. But that is not the point at all. Ever since Tan Sri Zeti shrugged off her responsibility as Manager of the National Reserve and her role as Central Banker to manage and monitor the Ringgit to pass the buck to government by meddling in politics to ask politicians to end political perpetal quarrel and MoF to sort out 1MDB on September 20th., Ringgit has continued to decline unabated. Prior to her statement, ringgit had plateau off and strengthen back to 4.20 level. The simple analysis shows she intentionally pushed Ringgit to fall further. To support this suspicion, did Bank Negara do anything to halt the decline or at least, control the speed of descend since September 20th when trend was steeping? Answer is NO. There is no serious effort to intervene. No significant change in interest rate po...

Full article: http://anotherbrickinwall.blogspot.com/2015/09/did-zeti-i...

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