Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

> Brunei economy crumbling? Oil exports down 25.7%!, currency peg with Singapore traps Brunei

views
     
teehk_tee
post May 2 2014, 01:46 PM

ไม่เป็นไร
*******
Senior Member
5,363 posts

Joined: Apr 2005
From: กรุงเทพมหานคร BKK

user posted image

so when is malaysia absorbing brunei?
teehk_tee
post May 2 2014, 02:25 PM

ไม่เป็นไร
*******
Senior Member
5,363 posts

Joined: Apr 2005
From: กรุงเทพมหานคร BKK

QUOTE(rivost @ May 2 2014, 02:13 PM)
lets bet the rate of an independent bnd?

1bnd = 1rm? laugh.gif
*
malaysia is actually pretty undervalued against SGD.
1BND to 1.8MYR should be good.
teehk_tee
post May 2 2014, 02:44 PM

ไม่เป็นไร
*******
Senior Member
5,363 posts

Joined: Apr 2005
From: กรุงเทพมหานคร BKK

QUOTE(Artus @ May 2 2014, 02:39 PM)
When economy is in trouble, currency devaluation is the price to pay to get back up again. It's a good tool anyway. Countries that don't have this tool (example: Greece and Brunei) would have to suffer for a considerably longer time compared to countries that control over their own currencies (example: Thailand and Malaysia).
*
it'll be better for them to peg against myr as a devaluation tool rather than a free float / managed float without significant capital controls
better as in less negative shocks in the system.

either way, malaysia is inclined to benefit on the increasing trade dependence on neighbors, that includes import of primary goods, and export of talent.

Bump Topic Add ReplyOptions New Topic
 

Change to:
| Lo-Fi Version
0.0173sec    0.63    6 queries    GZIP Disabled
Time is now: 10th December 2025 - 09:22 PM