
Oct 05, · IN the just-concluded Royal Commission of Inquiry (RCI) into Bank Negara Malaysia’s foreign exchange losses — pegged at RM billion — it was learnt that the central bank moved from its conventional practice of preserving reserves through asset management to actively participating in the forex market for profits in the late s and early blogger.comted Reading Time: 6 mins Feb 16, · Ref No: 02/12/ Embargo: For immediate release. Foreign Currency Trading. Bank Negara Malaysia wishes to inform the public that buying and selling of foreign currency in Malaysia is only allowed with licensed commercial banks, Islamic banks, investment banks and international Islamic banks as provided for under the Exchange Control Act and with licensed money services Jun 01, · Exchange Rates. Rates from the Interbank Foreign Exchange Market in Kuala Lumpur as at , and Rates at are the best counter rates offered by selected commercial banks. Not all currencies and rate types are available
The Bank Negara RM30 Billion Forex Losses Scandal – SeaDemon Says
Again I should thank Kit Siang for writing all this, making it easier for me to see what he had written on the issues he raised in the past, forex trading mengikut bank negara. InKit Siang called upon Nor Mohamed Yackop who then was sworn in as a Senator to become Finance Minister II to issue a White Paper on the matter. But while these funds enter the market no more than once or twice a year, Bank Negara is coming in and doing yards billions of dollars a day.
Millman on Page had this to say about the Bank Negara forex scandal:. By trading for profit, Bank Negara committed apostasy against the creed of central banking. The bank seldom spoke publicly about its controversial trading activities.
It became the most awesome currency trader in the world. The only rule was the forex trading mengikut bank negara justice of the vandals, and it was this rule that eventually brought Bank Negara down.
It was a bad economic and political judgement. Recently, Abdul Murad Khalid who was the Assistant Governor of BNM who resigned in revealed that the forex losses were in actual US Dollars and not in Malaysian Ringgit. The so-called champion of the rakyat now has his balls as wrinkled as his face is. And all to achieve his personal political ambition. We also know that U-Turn Mahathir as well as Daim Zainuddin were very much in the know of the losses.
And we know that Lim Kit Siang is just another opportunist snake manipulating the issue to gain support from the rakyat but now bats no eyelid to work hand-in-hand with his sworn enemy so he could come into power. I am pretty sure he feels pleased looking at himself in the mirror every morning knowing forex trading mengikut bank negara had blatantly lied to the people.
You must be logged in to post a comment. Skip to content Kit Siang also published a book on the BNM Forex losses scandal Yes. It was Kit Siang who pointed out the irony. Anwar said that the rumour was not true at all. Share this: Print Email Facebook Twitter, forex trading mengikut bank negara. Like this: Like Loading Previous Post Previous Bahri Stinks So Much Forex trading mengikut bank negara Might Also Follow Heaven And Reject Him.
Next Post Next Kelepetokrasi. Send to Email Address Your Name Your Email Address. Post was not sent - check your email addresses! Sorry, your blog cannot share posts by email.
Insider secrets from a Forex Bank Trader
, time: 39:29Trading Forex in Malaysia - Our Complete Guide

Senarai ini tidak lagi mengikut ranking dan akan saya update apabila perlu (tanpa notis). Tak semua broker sesuai untuk scalping, swing, news trade, guna robot, dan sebagainya. Nak cari broker yang bagus dari semua sudut memang tak akan jumpalah. Jadi pilihlah ikut kesesuaian trading Jan 28, · The Bank Negara RM30 Billion Forex Losses Scandal. Yes. The year was when Lim Kit Siang found it ultra-important to publish a book on the Bank Negara Malaysia (BNM) foreign exchange scandal that caused the loss of RM30 billion (estimated to be at RM49 billion in today’s terms). The book is called, as you would have guessed, ‘ The Bank Jun 15, · Bank Negara Malaysia was a major player in the Forex market in the late s. The activities of the bank, under Governor Jaffar Hussein, caught the attention of Forex players across the globe. The bank was then asked to stop trading when the Federal Reserve’s chairman realized the impact of its speculation
No comments:
Post a Comment