I am eager to see your reaction when reach RM4 for 1USD

I see a lot of elements that weaken the RM only

Actually the lowest is 4.70 and highest 2.1

This post has been edited by anudora: Jan 7 2015, 09:43 AM

What if there is 1MDB 2.0? How low can RM go?

http://www.kinibiz.com/story/tigertalk/133...i-1mdb-2.0.html

Just google and check the company and you will instantly know why he say that. Self proclaimed economist on a ... company.

http://www.iqiglobal.com/.

This post has been edited by anudora: Mar 28 2015, 02:06 PM

getting near......maybe reach at the end of this month

that is why Zimbabwe is good. weak currency and come with a new slogan. Now everyone is a TRILLIONAIRE!
http://www.theguardian.com/world/2015/jun/...000-old-dollars

the theory should be applicable to all countries. Why got exception?

How sure are you that this is a perception problem and not fundamental?
Or is this the problem of your perception about the perception problem.

Many still do not understand the implication of yesterday zeti press announcement. It is huge!

read between the lines......................................as an investor.

Our gomen all the while had been boasting about being diversify economy when all evidence show that we are actually diversify commodities.

This thread is about protecting our own wealth when MYR drop. There is nothing happy about it. Since gov not doing anything about it, we had to do it ourselves.

This month oil price in USD drop a little but MYR drop a lot.
Maybe petrol increase by RM0.15 to RM0.30. So remember to fill your tank.
Another round of inflation coming. The dominoes are all in place.

This post has been edited by anudora: Aug 29 2015, 02:39 AM

Let me give a better illustration on Monthly candlestick chart. 1 candle = 1 month.
You will be better able to see how petrol price will increase the most next month.
You can predict based on previous month petrol price setting.


This post has been edited by anudora: Aug 29 2015, 10:55 PM


Attached thumbnail(s)

Lately this thread attract a lot of macai with weak argument that insults the intelligent of the average people.
I miss the time when all comments in this thread was pretty much in agreement.

Who care about RM being the WORST or not? I know I don't. I only know that I need to protect my wealth. Worst or second worst, no need to be too obsessed with that. Might end up missing the big picture.

It only matter when you use your money to pay for something. Well, just watch TV news that eggs price are going up because the food for the chicken are imported and price in USD. So inflation is coming. Right at a time when growth slows down. Stagflation?

Of course anyone can find a currency that are worse than the other at any time. Zimbabwe anyone?

That is what the thread is doing the whole time before you came.

We are observing the economy indicator, data, news......bla bla bla.......and also analyzing the trend of USDMYR to determine the long term movement of MYR.
That is something that I think we need to know. Not just look for money but also to protect the money.

Of course, once in a while , they will be people come here and whining. This is normal.

But then, you came with your argument and make thing worse. It is just off the scale by a wide margin!

KUALA LUMPUR: Malaysia saw exports in July increase 3.5% from a year earlier as demand for electrical and electronic goods surged, government data showed on Friday.

According to the median forecast from a Reuters poll, economists had forecast exports would rise 3.2% on the back of a weakening ringgit currency, although individual estimates varied.

Exports of manufactured products helped boost July's figure as demand for electronic integrated circuits grew, especially from China.
Despite a weaker ringgit, imports did much better than expected, rising 5.9% from last year due to increases in imports of electronic circuits, petroleum oils and medicament.

Economists had predicted a 0.8% drop. This is the first increase for imports after three consecutive months of decline since the government implemented a consumption-based Goods and Services Tax (GST) in April.

The ringgit is the worst performing emerging Asian currency this year, having fallen more than 17% this year.

The trade surplus in July dropped to RM2.38bil (US$559.9mil) from RM7.98bil in June. Exports to China increased 32.7%, while US exports grew 20.2%, underpinned by demand from the manufactured goods sector.

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

Ok now lets see the reporting from another source. It give much more information and data.
http://www.tradingeconomics.com/malaysia/balance-of-trade

Malaysia Trade Surplus Misses Forecasts in July

Malaysia reported a MYR2.38 billion trade surplus in July of 2015, down from MYR3.64 billion a year earlier and missing market consensus. It is the smallest trade surplus since October 2014, as imports grew more than exports.

Year-on-year, exports increased by 3.5 percent to MYR63.20 billion in July. Sales rose for: electrical and electronics/E&E products (+12.1 percent to MYR23.1 billion, accounting for 36.5 percent to total exports), timber and timber-based products (+14.1 percent to MYR1.8 billion, 2.9 percent share), natural rubber (+60.7 percent to MYR484.1 million, 0.8 percent share) and palm oil and palm based-products (+2.4 percent to MYR5.8 billion, 9.1 percent total share). In contrast, outbond shipments declined for: refined petroleum products (-48.7 percent to MYR3.0 billion, 4.8 percent share), LNG (-23.6 percent to MYR3.1 billion, 4.9 percent share) and crude petroleum (-21.1 percent to MYR1.9 billion, 3.0 percent share).

Compared to the previous year, outbond shipments rose to China (+MYR2.3 billion), the US (+1.0 billion), Vietnam (+MYR322.6 million), Indonesia (+MYR278.5 million) and Thailand (+MYR278.4 million).

Imports rose by 5.9 percent to MYR60.9 billion, the first increase after three straight months of drop, as purchases gained for all categories. Inbound shipments of intermediate goods, representing 60.3 percent to total imports, increased 5.7 percent to MYR36.7 billion, mainly due to a 10.9 percent increase in parts & accessories of capital goods (except transport equipment) and a 49.1 percent rise in fuel & lubricants, processed, other. Purchases of consumption goods, contributing 8.7 percent share, rose 25.7 percent to MYR5.3 billion, mainly due to a 69.0 percent increase in semi-durables, food & beverages for household consumption (+19.3 percent) and non-durables (+20.7 percent). Inbound shipments for capital goods, representing 12.3 percent share, rose 3.2 percent to MYR7.5 billion, mainly due to transport equipment, industrial (+18.9 percent) and capital goods except transport equipment (+1.6 percent).

Compared to the preceding year, imports rise from the EU countries (+MYR941.1 million), China(+MYR640.6 million), Taiwan (+MYR511.2 million), Vietnam(+MYR390.1 million) and Saudi Arabia (+MYR319.1 million).

In June 2015, Malaysia posted a MYR 7.98 billion trade surplus.