I only can wish gd luck to my

Expect miracle to happens but it's nearly to impossible

Is there a way for the government to quickly raise the reserves level ?

so, at least for now, is it not quite clear which direction it will go?!
and BNM now has a new strategy:

http://www.thestar.com.my/business/busines...gy-for-ringgit/

Going up is like inflation. Your purchase power is lowered.

Not true. Your chicken, fish, veges all need food, fertiliser. I am sure those are priced in USD.

when a currency weakens, it produces what is called imported inflation...

how much imported inflation there is depends on how much of the production and supply chain is based on imports based on a foreign currency, usually usd...some things has minimal import component....eg pisang goreng in the kampungs....only the flour is imported....some are fully imported, eg cbu cars, luxury bags, cosmetics etc....

it is not easy to find things completely shielded from imported inflation....in any case, traders will still use that as excuse to increase prices even if it is a only a small component of their cost....

so it is inevitable that goods will increase in prices with the weakening myr...

this thread will get inevitably get locked, maybe for good.

a casualty of an unrelated war.
wil-i-am... maybe it's time to start a new one.

meanwhile, i will post some links in this refuge thread, and may be we can continue there.

Why has the ringgit fallen so much today
https://forum.lowyat.net/topic/4109276/+20#bottom

how's the trend this week ? Are we seeing a constant 4.5 soon ?

post articles is good, that sam chee kong articles are great, too bad no update.
bnm cannot admit, because if admit, once unpeg in the future myr could straight drop to 6 like egypt pound.

............ Money coming from somewhere to defend the MYR,.. maybe from somebody's pocket,...

Will it turn out that no country in the world will exchange the RM for their currency ???