QUOTE(icemanfx @ Mar 8 2021, 06:31 PM)
we are more connected to the outside world than 2008.
historically, myr is on long term down trend e.g from 2.50/usd, 1.0/sgd, 0.3/rmb, 0.01/jpy, etc.
How to make MYR goes up? Call back currency?
QUOTE(zstan @ Mar 8 2021, 06:31 PM)
if our interest rates can go up then ringgit will be stronger. and of course a stable government helps. oil prices already flying so that's one factor resolved.
If interest rates flying, domestic GDP and etc will be carnage. VERY carnage.
Back in 2008, there`s still handful MNC, money to maneuver deep trench. This time.
With oversupplied properties, oversupplied unemployed people...lack of job creation, losing competitiveness edge
and uncertainty govt.