Ringgit 3.69 soon

[laksaboy]

ringgit may be cheap but are you willing to endure the traffic jam to enter MY?

https://www.straitstimes.com/singap...eue-cutting-all-add-to-last-weekends-causeway

If you're smart enough you'll go to JB during 'off-peak' periods, when there isn't much of a crowd at the customs checkpoints.

This is true for both pedestrians and drivers.

Also it's not just about the cheaper prices... there are many things sold in Malaysia that are not available or hard to find in Sinkieland. Foods, condiments, accessories etc. Go figure.

 

[congo9]

Malaysia is making lots of in roads.

 

[Hypocrite-The]

If you're smart enough you'll go to JB during 'off-peak' periods, when there isn't much of a crowd at the customs checkpoints.

This is true for both pedestrians and drivers.

Also it's not just about the cheaper prices... there are many things sold in Malaysia that are not available or hard to find in Sinkieland. Foods, condiments, accessories etc. Go figure.

When is the off peak period, even on work days etc it is hit n miss to avoid the jams

 

[congo9]

If the European Union implodes and ceases to become an entity, every member country will by default 'exit' the EU. No more need for referendums or EU-loving politicians obstructing the process.

The EU must be crushed.

I agree.
When EU disintegrate, there will be no brexit.

 

[ChristJohnny]

Malaysia will NOT progress … there are too few smart people in the country … IQ and RACE … sorry for throwing cold water but facts are facts. In denial will make life more miserable.

Example I kept telling myself that my son is smart even though he has not so great exam results. Giving excuses that he is hyperactive, careless, no interest etc. etc. But the actual fact is he is not as smart as I want him to be. So ship him to an oversea education. If he is lucky he is able to take over dad's business, or else will ended up as a frustrated employee and start blaming everyone but themselves.

You see the pattern of low develop countries … same operative but different races.

Qatar, Brunei = dad's rich
Malaysia, South America, Africa = Frustrated populace.

 

[Hypocrite-The]

Malaysia is making lots of in roads.

Inroads to where?

 

[Hypocrite-The]

If the European Union implodes and ceases to become an entity, every member country will by default 'exit' the EU. No more need for referendums or EU-loving politicians obstructing the process.

The EU must be crushed.

European Union does need to be abolished n the nation states gain back their own independence. Just imagine being ruled by faceless unelected bureaucrats.

 

[JustLikeThis]

Is Malaysia’s ringgit under attack?
https://theaseanpost.com/article/malaysias-ringgit-under-attack

It was a one-two punch that’s turned the Malaysian ringgit into Asia’s worst performer this month.

FTSE Russell said Monday it may drop Malaysian debt from the FTSE World Government Bond Index because of concern about market liquidity, roiling the nation’s currency and bonds on Tuesday. And less than two weeks ago, Norway said its sovereign wealth fund will cut emerging-market debt including Malaysian securities from its index.

Prime Minister Mahathir Mohamad has weighed in, warning that the nation may impose measures to protect the ringgit if speculators attack the currency, according to a report in a local daily.

 

[kezgtree]

Is Malaysia’s ringgit under attack?
https://theaseanpost.com/article/malaysias-ringgit-under-attack

It was a one-two punch that’s turned the Malaysian ringgit into Asia’s worst performer this month.

FTSE Russell said Monday it may drop Malaysian debt from the FTSE World Government Bond Index because of concern about market liquidity, roiling the nation’s currency and bonds on Tuesday. And less than two weeks ago, Norway said its sovereign wealth fund will cut emerging-market debt including Malaysian securities from its index.

Prime Minister Mahathir Mohamad has weighed in, warning that the nation may impose measures to protect the ringgit if speculators attack the currency, according to a report in a local daily.

...that time can peg at rm$3.80....now the situation is different...maybe more than 4...imo

 

[JiuHuKia]

Hopes it hit 4 soon and make my daily jam here and back to my landed property more worthwhile.

 

[JustLikeThis]

...that time can peg at rm$3.80....now the situation is different...maybe more than 4...imo

3.8 was the rate pegged to USD
Today ringgit is 4.13 to USD.

So if there is a new peg and currency control, it got to be above 4 to be realistic.