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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Stitch who wrote (4283)6/9/1998 2:15:00 AM
From: B Tate  Respond to of 9980
 
Stitch;

And on the front of the business sections this gem.

PM: Malaysia keen on barter trading

....."what we want to do is to get away from the (fluctuation) in the value of the ringgit and this can be done easily by conducting trade on a counter-trade basis or through practical bartering" he said.

"We are not very concerned any more, " he said when asked whether the Government was concerned about the ringgit's further decline against the US yesterday morning when the local unit went to below th RM4 mark to RM4.15 against the dollar at one stage.

Responding to questions......"This is a play thing which we have no control of" he said.

Wonder what game he has in mind to Play?????
bt