Asia central banks defend falling currencies: Traders

Title ni macam penah aku baca pada tahun 1998, whereby Bank Negara intervened to push Ringgit from falling.

Today and this morning , the same title is in Reuters. Kali ini effect pada Thai Baht - due to emergency state as declared by PM, Indon Ruppee - inflasi. Latest news, South Korea also the authority has to intervene.

Bagi aku, its already apparent - recession-, tapi aku pelik bila our beloved Ministry of Finance said, Malaysia is doing well with growth of more than 5%. Lawak la mamat ni, please la cakap together with inflation rate of 9%. The best part...aku tak tau which source yang diambil mengatakan the growth rate of 5%.

maybe...from the sky