Ringgit To Hit RM6.30 To A Dollar?

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There are various reports of the downfall of the ringgit against the U.S. dollar and now we are told that if BN and the old guard in Umno come back to power, the RM will fall to a historic low of 5.30 and RM6.30 To A Dollar.

A WhatsApp message circulation among groups says a financial expert has warned that some international financial institutions are monitoring the movements of the RM and that the market, “reckons should BN and especially UMNO win the elections the confidence in the Ringgit will plummet easily to RM5.30 in a short time to the US dollar.”

RM6.30 To A Dollar

It will be worse if the Old Guard moves in, (meaning Najib and his crew) and if that happens the ringgit has the potential to go down to RM6.30 and even lower and the Thai Bhat may surpass it in the not-so-distant future.

RM6.30 To A Dollar
RM6.30 To A Dollar -Photo by Polina Tankilevitch on Pexels.com

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