ringgit Malaysia drop , how to I change my RM to USD
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 May 14 2015, 04:56 PM
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#1
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33,643 posts Joined: May 2008 
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QUOTE(nexona88 @ May 14 2015, 04:54 PM) Ringgit depreciation unexplained, says expert Should we throw the experts away and get new ones ? Kakaka ....http://www.theedgemarkets.com/my/article/r...ned-says-expert  |
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May 14 2015, 07:54 PM
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#2
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QUOTE(wodenus @ May 14 2015, 07:36 PM) Probably.. from 3.70 drop until 3.57 now.. still can't explain It only means this guy does not have access to the statistics. People who have the statistics would know why with certainty. People can't tell a drop from a rise |
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Jul 10 2015, 09:27 AM
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#3
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QUOTE(AVFAN @ Jul 10 2015, 09:18 AM) 1 exported gain, 1 importer + 9 consumers lose. It's "theoretical" to say when currency weakens, it benefits export.tourism... it will depend more on the underlying industry if it is well developed and thriving. thai baht may appr but will not see less tourist $. weak currency can't be better than a strong. if there are some benefits, there will be 10x disbenefits. if the reverse is true, why bother to wait - devalue 10% every year, reap all the benefits, no?! this "weak currency = good" is syok sendiri only, imo. There are hard facts which say otherwise, Malaysia exports have been diminishing :- http://www.thestar.com.my/Business/Busines...fall/?style=biz And the amount of export seems to get worse and worse. This post has been edited by puchongite: Jul 10 2015, 09:28 AM |
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