What Happened to MYR Today?

[Loofydralb]

Something unusual happening or fat fingers?

 

[red amoeba]

mahathir gonna up lorry?

 

[Loofydralb]

mahathir gonna up lorry?

Maybe they found Najib's stolen billions.

 

[laksaboy]

This?

 

[aerobwala]

120KM bridge between Malaysia and Indonesia ?

 

[syed putra]

Myr will continue to fall.
They had two windows of opportunity to strengthen it, once under badawi and 2nd under najib, but both just simply ignorant.
Current PM equally blur.keep blaming traders manipulation for price increase. But remain silent policies thst created it,

 

[tanwahtiu]

120KM bridge between Malaysia and Indonesia ?

View attachment 159685

Go reclaim land both sides up to international water line. Sell land to build shorter tunnel for free. Fuck m&d don't know how to get free money...

Collect toll money claim maintenance fee... create choke point.... big ship pay more toll...

Since when Malacca Straits must have international water line free passage. Chop law change NWO...

Seal off whole Malacca Straits so evil BE don't come disrupt and create war in this location...

Go sail to the other side of Sumatra island to pass through.....

 

[Chase]

Singapore dollar at all-time high against ringgit on policy gap​

https://www.theedgesingapore.com/ne...llar-all-time-high-against-ringgit-policy-gap
Singapore’s dollar surged to an all-time high against the Malaysian ringgit as the latter was weighed down by weaker exports and its widening rate differential with the US. The Singaporean dollar rose as high as 3.4826 versus the ringgit on Friday, Oct 20, 2023.

 

[congo9]

Under Anwar, a lot of infrastructure work has been done in Johor . Roads, MTR and drainage.

 

[Chase]

Under Anwar, a lot of infrastructure work has been done in Johor . Roads, MTR and drainage.

Johor is the main beneficiary of the weak ringgit.
https://www.nst.com.my/property/202...rental-singapore-bodes-well-johor-real-estate

 

[syed putra]

Under Anwar, a lot of infrastructure work has been done in Johor . Roads, MTR and drainage.

Thats because next Agung is sultan of johore. Sultan has been complaining about shoddy work in the state. And that johore was never colonised but agreed to become part of malaya. The other half is now part of riau ad riau islands.

 

[k1976]

120KM bridge between Malaysia and Indonesia ?

View attachment 159685

So that endless Indon can rush into Jiuhu?

 

[eatshitndie]

that was pretty bad in 2022. now it is worse.

 

[syed putra]

So that endless Indon can rush into Jiuhu?

Actually it's good for sinkies too. Endless volcanos to climb. Surfing on Indian Ocean waves. Clear blue water, endless paddy fields. Access to fresh seafood plus vegetables.

 

[MaximiLian]

MYR iz pegged 2 RMB n zat iz y

 

[k1976]

https://www.straitstimes.com/asia/s...cy-focusing-on-policies-to-strengthen-ringgit



KUALA LUMPUR – Malaysia’s Finance Ministry said on Tuesday that it would implement structural policies aimed at boosting fund inflows and foreign investment that can support the ringgit, reiterating that it has no plans to peg the currency to the US dollar.

The ringgit has fallen 5.4 per cent so far in 2023, and on Tuesday was trading at 4.638 to the dollar, a fresh seven-month low and close to its weakest levels since January 1998.

In 1998, during the Asian financial crisis, Malaysia imposed capital controls and pegged the ringgit at 3.8 to the US dollar, maintaining the peg until 2005.

 

[k1976]

MYR iz pegged 2 RMB n zat iz y

U mean purposely "weaken" RM aka Curr3ncy Manuplator?

 

[countryman]

It's 3.49 now according to the banks...

 

[Chase]

It's 3.49 now according to the banks...

They were boasting about training hamas military in Malaysia and openly supporting hamas via hacking.
ringgit unlikely to do well.

 

[MaximiLian]

U mean purposely "weaken" RM aka Curr3ncy Manuplator?

https://think.ing.com/amp/snap/correlations-with-chinas-yuan-are-weakening-in-asia/