Feb 2 2014, 09:50 PM
QUOTE(Irresistible @ Jan 31 2014, 03:17 PM)
With the devalue of Malaysia currency vs major currencies, RM 3.35 = USD 1
RM 2.63 = SGD 1
Price hikes for many things, eg. petrol, electricity, food etc... High inflation..
Some said "foreign sell off " and "exit of foreign fund" (investment ), further weaken us. (If Malaysia fundamental is strong, why they will sell off ?)
1. Is Malaysia economy still fine ?
2. Has Our politician doing their job well to ensure our economy remain competitive ?
3. Why RM currency kept drop in value ? And it's more than 10% within months... Is this bad ? Reduce our citizen purchasing power ?
4. What measures our leader can do to make our economy better ?
Thanks
Looking at current trend, i think we are going downtrend..RM 2.63 = SGD 1
Price hikes for many things, eg. petrol, electricity, food etc... High inflation..
Some said "foreign sell off " and "exit of foreign fund" (investment ), further weaken us. (If Malaysia fundamental is strong, why they will sell off ?)
1. Is Malaysia economy still fine ?
2. Has Our politician doing their job well to ensure our economy remain competitive ?
3. Why RM currency kept drop in value ? And it's more than 10% within months... Is this bad ? Reduce our citizen purchasing power ?
4. What measures our leader can do to make our economy better ?
Thanks
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