My original thread title was "ringgit Malaysia drop like fck"

Someone changed it.

So we buy USD and hold now eh. Plus I have 2 years left of study in the U.S.

mgs 10 yrs yield been creeping up lately, hit 4.30% and closed 4.28% today.

http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyield

mgs = malaysian government securities.

yield goes up when price drop.

price drop when holder sell.

>40% held by foreigners.

yes, about 5% for 10 yr. amount, value different over time, of course.

http://www.tradingeconomics.com/malaysia/g...ment-bond-yield

past tense?...  

Now no more HIGH?...    

While global investors are fleeing Malaysia’s currency, bond and stock markets as political uncertainty clouds the outlook for an economy rocked by plunging oil prices and an emerging-market selloff, Singaporeans are heading for its restaurants, big-box retailers and shopping centers.

Some switched their vacations to Malaysia from Bangkok after a deadly blast Monday, while Singapore money changers at times ran out of ringgit as demand surged.

Abang adik sama aja

that's called TRUST DEFICIT.

better than i expected.

does look like bnm stopped intervening.

will see how the market will take it.

i think it will about how smooth the change is and who will take pm and fin min posts.

market will likely get jittery at first, no good for rm.

and if the replacement is one with poor reputation and holding 2 jobs again, it won't be taken well with investors, things will get worse.

if the 2 jobs are taken by 2 people wih fair-good reputation and well versed in finance, confidence will soar, will be very positive for investors and rm.

Friend, you reference to USD and reference to MYR will be similar lah. Ie. you convert RM to USD, then USD to that particular currency. The result is similar (although not exact to the dot)

Anyway, here it is. Although I feel stupid to table it out    But I know you are sincere, so I do it for you 

MYR/USD -31.8%
MYR/HKD -31.8%
MYR/RMB -26.9%
MYR/GBP -25.1%
MYR/TWD -21.0%
MYR/THB -18.1%
MYR/SGD -17.1%
MYR/JPY -12.3%
MYR/KRW -12.5%
MYR/Eur -12.6%
MYR/IDR -10.7%
MYR/CAD -10.3%
MYR/NZD -4.5%
MYR/AUD -3.6%
MYR/RUB +45.1% (bloomberg no MYR/RUB quote. I use USD as reference point)