• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Exchange Rates for RM

Manhattan

Alfrescian
Loyal
The weakening of the ringgit is so fast it has become worrying, is there something we don't know ? It has weaken by 7% against sgd just over 6 months, 18% over 3 years. Some experts say it could be due to exodus of foreign funds.
 

Daydreamer

Alfrescian
Loyal
The weakening of the ringgit is so fast it has become worrying, is there something we don't know ? It has weaken by 7% against sgd just over 6 months, 18% over 3 years. Some experts say it could be due to exodus of foreign funds.

You are almost hit the nail on the head. The government is broke that's all. And incompetent weak leadership. The crude oil back up a bit you don't see the RM going the same way.

Sorry for being negative but the outlook ain't looking good at the moment. We also decided to scale down labour (maybe even closing the whole office) in Malaysia and relocate some positions to Singapore. A bit of good news for Singaporean.
 

Daydreamer

Alfrescian
Loyal
Screen Shot 2015-06-03 at 22.28.46.png

Fresh in.
 

Tekkun

Alfrescian
Loyal
The weakening of the ringgit is so fast it has become worrying, is there something we don't know ? It has weaken by 7% against sgd just over 6 months, 18% over 3 years. Some experts say it could be due to exodus of foreign funds.

RM1 billion flowed out last week. They dumped KLSE and exited. Si buay charm.
 
Top