many business will close shop or reduce manpower.

6 Sep 2015 09:30 UTC - 7 Sep 2015 09:35 UTC
USD/MYR close:4.32952 low:4.25700 high:4.33796

Glad to c MYR depreciates so fast as our Govt said tis will boost our exporters n tourism segment

good news..

but how about Haze issue...

yeah, cheaper for exporter translate into bigger foreign buying.......

yeah for importer, strong USD will boost your products from the rapidly influx of foreigner tourists.......

both also good ......






then who will suffer then?

dun be so like that...!

somebody said milk price already increased 30%.

if true, that is something to think about....

becos new zealand is in a milk glut (more cows and sheep than people), can give for free!

and new zealand $ is just as weak as rm, so say some people.

but i guess they export in usd... milk exporters gain nzd but lose with excess milk gone bad.

bottomline... other countries currency weak (but not as weak as rm) does us no good, still hurt us as bad as all others.

watch aussie beef, lamb and cheese, u potatoes and fries - these prices will skyrocket in no time.

mcD, pizza H, kfc and others can't hold prices for long...

This post has been edited by AVFAN: Sep 7 2015, 06:55 PM

Good la. Young people will eat less of that junk food. But then they get frustrated they cannot "hang out" there cause too expensive. Then, they get angry with...

But then again, those people eat junk food regardless the price. One starbucks coffee is considered cheap to them.

to remind myself of these meeting dates that will affect the rm, opr, bursa...


sep 9 umno supreme council meeting

sep 11 bnm meeting

sep 16 (potential) red rally

sep 16-17 (sep 18 early morning here) us fed fomc meeting

This post has been edited by AVFAN: Sep 7 2015, 08:48 PM

does sep 10 mpob statistic release count?

bookmarked

i think that is not so major.

Buy USD now b4 it's too late

Have you guys watch this yet ?

this is not the first one, been others before.

trouble there will be.

but i think this one is trying to push sales for gold and arms.

Mostly people who have to pay foreign currency (people who study outside the country or employ foreign staff.) People who are paid in foreign currency will benefit.

what is DCI account?

Please voice out your concern at
https://najibrazak.com/bajet2016/main/story/page/0/topic/1


I posted there about PTPTN. Why the future generation have to suffer because the 400,000 defaulters refused to pay back PTPTN.

The government should just make those debtors that ignore repayment completely for bankruptcy, then i am sure they will start paying back immediately.

I also posted GST to reduce to 3% and income tax reduce to 20% as well as corporate tax.

The last I check, that guy is not selling gold like Peter shriff.

This one is about coincidence that happen every 7 years

dual currency investment

I remembered him , made big headlines news almost every week, and always in CNBC TV during 2008.
Talked a lot about how worthless of USD back then, how stock market can plunge.

But after 7 years later, aka now,
USD is the strongest currency
DJ made all time high, 18k, which is higher than previous high of 13k.

He's definitely selling something.