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ringgit Malaysia drop , how to I change my RM to USD
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SUSthe99percent1
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Jan 10 2015, 02:02 PM
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Why do you guys think Najib met with Obama recently?? and why it was more important for him to do so than to attend to the Floods?
OPEC controlled by the Saudis is causing a proxy attack on Russia and Iran by dropping oil to below $50/barrel. USA are placing huge pressure on the economies of those rogue countries. Unfortunately, Msia is an innocent bystander. Do not panic, once this attack on their economy sinks in, Msia and its starving population will be the first to receive food aid from USA...
This post has been edited by the99percent1: Jan 10 2015, 02:04 PM
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SUSthe99percent1
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Aug 12 2015, 08:57 AM
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QUOTE(Battlefield1942 @ Aug 12 2015, 08:49 AM) Wonder how about the bank loan in ringgit. Will it remain the same let say one morning.Your RM500K loan you buy the house can only buy a lunch as happen in Africa country. Will the bank still ask you to pay that RM500K when it still got 10 years to settle? or ask you to pay higher as they adjusted it value? In Venezuela, the driver say he pay for the taxi and a last two year inflation, he pay the same amount of money just to repair his car air-con. The amount do not adjust itself.. the interest and/or base lending rate will adjust accordingly. That is determined by the central bank.
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