BNM cannot do anything ah =(

borrow in fx to defend yr own currency against fx... it is ironic, isn't it?

Moody's rates it A3 outlook positive

http://www.thestar.com.my/Business/Busines...otes/?style=biz

http://www.thestar.com.my/Business/Busines...tals/?style=biz

This answer your question?

PS. At least now I know who you voted for.. the people that always say what you say (they have been saying that for at least 50 years) and it never turns out to be true

Those rating agencies are paid by speculators, so if you want Singapore to have DDD also can

No speculations = no profit making

Economy fall or raise is by speculations basically. Is matter if you are the person that does the speculation or being speculated.
Obviously, most are being speculated

But once you are a foreign labor in a particular country, you die die hope it will be strong against rm.
On my last 3 months working in Qatar, the weak rm/riyal period I gained about rm300 each month extra.
Not to mention my friend that taking USD salary, he gained extra rm0.50 for every USD changed. He got about USD30000, that's rm15000 extra when he changed to rm back:w

He never change the USD first, he already worked for 2-3 years there.

That if you are working in SG, if long term in MY, hard a bit to monitor.

The cost of living is not the same.

I remembered my time live in UK, although wages figure was roughly the same, £1500~2000 for fresh grad, as compared to here Rm1500~2000, the cost of buying foods is not the same with there.

I bought a Tesco bread at 20p, while here need RM1.50, frozen pizza was £1 pound while here need a few RM, whole set of computer about £400, here need RM2000.
The one may be more expensive is room renting, other I found generally is cheaper relatively (without converting).

So, one has better chance to save more at there as compared here as their purchasing power is stronger relatively to their wages.
While work there and saved enough and retired at weaker currency like Malaysia, then Malaysia is like a retirement heaven for them.

Assuming rm1=1 riyal
1kg of Salmon whole fish only need rm30-45
1kg of local vege only rm2-4(if getting imported will be rm20-40)
water 1 gallon rm5, 1 family of 5 need 2-3 bottles a day, so rm15, middle east pipe water cannot be used for drinking
meat are relatively cheap, rm10-20 per kg
The spending in Qatar are quite cheap if you cook your self. But once you ask others to cook, it will be more expensive than Malaysia.
Been worked there for 1 year, average about 90% from my salary were unused. Accommodation usually are paid by company including utility bills.

Nope, only countries that reaching bankrupt will devalue their money.
You want this to happen?
If a country is good, their people won't be a foreign labor in other countries.

Not really, in Malaysia I'm getting rm4000 and my savings are at minimum, about rm2000.
But in Qatar, I'm getting about double, but I use minimum only, as transport and food are paid by company, as long as I'm working.

So, we devalue our currencies, but I never see export increases
But I do see more job cut in Malaysia

No export increases? I guess you must be blind. When our ringgit was strong, we were having trade deficits. Since 1998, we have no trade deficit.

http://www.tradingeconomics.com/embed/?s=m...alance-of-trade