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View Full Version : Malaysia Should Emulate Yuan ‘Repeg’ Before Rate Cut, MIDF Says - Bloomberg



NewsWhore
11-24-2008, 02:20 AM
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Malaysia Should Emulate Yuan ‘Repeg’ Before Rate Cut, MIDF Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DawJQbXxgTJ6E%26refer%3Dhome&cid=1273764820&ei=3kkqSaC7GY3I9AS-5q0Q&usg=AFQjCNEBPcrjnHGajl8Yu8KAX7Jk8CU78g)
Bloomberg - 31 minutes ago
The benefits of lower borrowing costs would be eroded by the loss in purchasing power from a weaker currency, he said. “The current decline in the ringgit ...


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