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Chitchat Alamak, What Happen To The Ringgit While Our Sing$ Is Growing Stronger.

precisely.......many Sinkies think a strong dollar is a great thing..............till their employers decided to move to cheaper places.............

They have already left SG for cheaper place, only a small HQ office remain for accounting & tax avoidance.
 
If moo-yideen do that, it may provoke the wrath of PAP generals.

stinkypura kafir pap-pigs modeled themselves on zionist terrorist
coz they like all other slanties are copy cats copy paste artists

problem is zionist terrorists' recent failures in lebanon against tiny militia hezbollah or elected representative of palestine i.e. Hamas and which is even less well armed than hezbollah holed up in tiny gaza blockaded and isolated still gave the zionist terrorists a good beating despite the numerous war crimes and wanton massacres by coward zionists

i have noticed zionist terrorists have been threatening to bomb iran or attack iran for decades
they still haven't done it, yet,, why?

they attacked tunisia in 1985
more than 2000 km away


why they can't attack iran over many decades, yet?

distance is no issue
same distance from tunisia to tel aviv
as tehran to tel aviv

why?

issit coz zionist terrorists scared?
ball-less?
scammers exposed ?
 
ringgit decline is not driven by 'market forces' whatever that may mean

it's got no sound rational economic explanation for it

ringgit decline is manipulated by jewry and their regional agents like stinkypura

dun forget stinkypura is 3rd largest forex trading centre in world, besides being a money laundering and tax evasion hub

example

ACCC investigating more forex manipulation​

James Eyers

James EyersSenior Reporter
Updated Mar 1, 2018 – 2.41pm, first published at 11.19am
Save
The competition regulator says it is investigating bank manipulation of foreign exchange rate markets, suggesting at least another bank may be put on the hook after Macquarie Group and ANZ Banking Group settled a cartel action in 2016 relating to setting the benchmark rate for the Malaysian ringgit.

"As a general matter we are concerned [about potential collusion in forex markets] and we do have some investigations, that I am not able to go into in any detail, that touch on some of these issues," ACCC executive general manager of specialised enforcement Marcus Bezzi told the Senate economics legislation committee.



ANZ, Macquarie Say Employees Tried to Rig Ringgit Benchmark Rate in Singapore​


By
Robb M. Stewart
Updated Nov. 24, 2016 9:54 pm ET

  • PRINT

  • TEXT

  • 1
MELBOURNE, Australia—Two of Australia’s largest banks admitted that several employees in Singapore tried to manipulate the benchmark rate for the Malaysian ringgit, although there is no evidence they were successful.
On Friday, Australia’s antitrust regulator began proceedings in federal court against Australia & New Zealand Banking Group Ltd. and Macquarie Group Ltd. The regulator claims the banks attempted to engage in cartel conduct.
The banks each confirmed they had agreed to settle with the regulator in relation to the conduct of employees in 2011. The identities of the individuals weren’t disclosed in statements from the banks and regulator.
The Australian Competition and Consumer Commission said it agreed with ANZ and Macquarie on facts that would be presented to the court for consideration, including that a Macquarie trader and traders employed by ANZ—along with a number of other unspecified banks in Singapore—had communicated in private online chat rooms about daily submissions to be made to the Association of Banks in Singapore regarding the ringgit fixing rate.
The banks and the regulator also agreed that on various dates in 2011, the traders tried to make arrangements with other banks that submitting banks would make high or low bids to the Association of Banks in Singapore. The ACCC alleges ANZ and Macquarie sought to influence the fixing rate.
 
stupid low IQ pap-pigs peranakan imbeciles believe licking jewish anglo balls makes them clever

these donkeys believe, just like lousy CECA, that speaking or writing english makes them atas - more sophisticated elite educated and dignified

imbeciles the whole lot of them
 
Many here kpkb are actually living in jb or some other places.
They are jobless rent out hdb to live in jb.

Actually tere r not many sinkies (both husb n wife sinkies) buyg properties or stayg in JB. But alot SPR i.e. both husb n wife Msians, r stayg in JB. My precinct teres only two true blue sinkies havg properties tere.
 
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