not too sure about whether confidence level in ringgit dropped.
but i knew that malaysia FD rate is much much higher than sg..so that is why i stupid put my money in Malaysia FD, who knew now currency losses is much more higher than the FD yield
ok, also malaysia loan interest rate also much much higher than sg. well, people still borrow to invest, probably. because all think property easier and faster way to grow rich eg..iskandar housing is forming a bubble now.
also, most malaysian own at least one car or more..this will also increase loan.