Yup, sure will stay below rm3.80 as other currencies like SGD will stay above rm2.80
So, BNM are kakikong, kakisong only

beside buying US stock market, any others way to convert our money in different currency and put it in other banks overseas?

Public bank have Foreign currency FD but still under Bank Negara.

What I mean is,....if really....touch wood.... touch wood.... our country go bankrupt...at least we had money overseas.   

well, int rates are not that high at this time.
we can expect bnm to intervene and hold at circa 3.80 for as long as possible - 3.80 is an impt pyschological level, should not be broken so easily.
meanwhile we wait for next couple of months data to see how much forex reserves spent on it - this will give a clue about future direction.
non-residents, not working there - difficult to open foreign curr accounts.
u can search the forum, a dozen threads or so on this already.

for both, i think it will take "millions" to get it done.

not for those thinking rm10k, 50k, 100k.

A simple glance through.

RM vs USD from Rm3.20 to 3.80 (Down near 20%)
RM vs SGD from RM2.60 to 2.80 (Down about 10%)
RM vs AUD from RM3.05 to 2.85 (up about 6%)
RM vs NZD from RM2.75 to 2.60 (up about 5%)
RM vs 100 Bath from Rm10 to about RM11.+ (Down about 10%)

RM is weak but situation is not as same as 1997.

USD is indeed very strong.

Many years ago, many bashed USD fundamental and so bearish about USD, now USD is the strongest currency in the world.

yo! good stuff.

i m in agreement with u in general, esp about diversification.

better be safe than sorry!

we have no idea what the fundamental of RM should be.
do we know?
Zeti said it's undervalued, but Zeti may not be faithful because of her position and responsibility for RM's stability.
Well, fundamental of Malaysia is the key factor to judge RM's fundamental.
Major concern for all of us today is political unstable and our inability to mature the level of corruption by government. 

so conclusion for myself is: i don't know. i've no idea.
therefore, what best for me is to diversified my assets under different currencies, now at USD and HKD, which is not very good because these two is kind of linked together actually. But in long term, I still see HKD moving towards RMB. In past 2-3 years, I have gradually moving my RM assets (stocks) into USD and HKD assets (stocks), now already reached 50:50. My target is continue moving out from RM, probably reaching 30:70 stage. Probably should start looking at emerging markets such as Vietnam and India.

Funny how, I am actually looking at Iskandar to be major beneficiary of Singapore. If Iskandar works out well, I should buy Singapore assets (stocks) instead of Iskandar assets. The best is that SGD is a great currency. 

or NZD even? theyre pretty low for us to jump ship too

Holding other currency, yield zero interest generally, as most are near zero interest across.

So, diversify the asset allocation is preferred.

Eg.
If RM is depreciating, those export in USD will gain from the RM depreciation, so by holding those company shares, indirectly hedging against RM.

Same with holding foreign ETF, bonds etc.

20:80

it's not over!
i would hv thought u being the "lord of what ifs" will know how?

don't get too serious la...

already wounded by so many thigns, hv some fun sometimes!     

Earn USD and you will be happy

Look for jobs that paying USD lor, simple as that

How does the sg gov hike the sgd though? I understand that it's easy to weaken your currency. You just have to print money /buy foreign currency etc. But how do you do it when it's the other way round?  Probably one way is increasing interest rates but their rates are at near 0 and it's still strengthening.