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 MYR Vs USD, Foreign Exchange Risk

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danmooncake
post Sep 15 2009, 02:12 AM

Market Up, Market Down...Wheee..
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Same here (already hedge). The exchange rate doesn't bother me much eventho USD looks like it is going down.

Last year before the market crash, USD 1 = 3.2 RM,
Now, USD 1 = RM 3.5. USD still wins.

If USD drops below RM3, then I'll considered hedging more to RM side but unlikely since our govt favor cheaper Ringgit.



 

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