Lets give him some pressure to change his risk appetite 

If the inflation rate in Malaysia is 3%, in five years, his RM value will lose by 15.9%

In another words, if he keeps A$ under the pillow doing nothing for 5 years, the A$1 - RM3.41 today has to appreciate to RM3.95 just to beat inflation. If A$ does not appreciate to 3.95, his inflation-adjusted wealth will shrink.

That is just the official inflation rate. We all knew it is way higher than that. Let's say it is 6%. The Aussie dollar has to appreciate to 4.56 just to beat inflation and breakeven.

So, By making the decision to come back to Malaysia, he has to sweat it out to fight inflation as well as currency depreciation just to preserve his wealth (let alone growing it). Risk averse person has no choice but to be more aggressive 

The solution to this dilemma is to invest in foreign currency investment. Then we take away the "RM depreciation" from the equation and fight only inflation

That's what many of us here including you and me are doing...

Imho MYR could be bearish until 3rd week next month, then turn bullish for 1 month 

You still need a reason to boost investor confidence. And just another GE which will be manipulated by some party is not one of it.

investors like stability but not a corruption based one - that will break at some point.

u read the news from those sources, how come u not understand?!!

actually, "successful".

it is very stable.

but against USD only, not recovering at all.

and worsening against other major currencies, even baht (rm1=baht7.8) and rupiah (rm1=3000 rupiah).

while the goons clap hands, i see that as a trend leading to continuous accelerated inflation.

and as usual, what is there to help RM appreciate?

is there anyone, any sector, any major effort put in for that?

or just same syok sendiri talk, harp on exports and tourists?

can't confirm but i think sgd/rm just hit a new high of 3.17153.

u u keep waiting... why?!!!

By the time GE arrives, it could be easily 3.3 to 3.4 already. There is nothing that will change. Like people say, its still going to be the same old shit again. While the ruling party here is thinking of how to spend more money to buy more votes to keep them in power, Sinkies are utilizing their funds fully to develop their nation and improving their economy. I just dont see any good vibes another election will bring. Honestly.

It used to be like this in yestey-years. But is there much money left now to 'pump'? There are not even enough projects to go around after budget was cut.

Myr long term depreciation against usd, JPY, rmb and SGD is almost certain to continue with the same regime.

icemanfx mentioned Invest anything outside the kangkong land 20 years ago, would have forex gained by default.

so how many % has the JNY appreciated against MYR since 1990? any idea?

hi all expert - what's the trend of USD/MYR in the near term, towards end of 2017, u guys think it will increase further or MYR will strengthen especially with rumour that election coming soon?

i have ard 100k USD from the US share that i sold off last yr still sitting USD acct, not sure to convert now or wait?

plz advice me. thanks.

got it! i'm doubtful due to i'm earning little interest only in USD acct.

sorry to intrude what's NPL? been seeing it often

trump comment on $ sent it falling.

the pegged RM rm follows.

so, SGD, AUD, BAHT RMB all rising against RM.

good luck!

It's probably just temporary, news sources says that it will appreciate sometime in Q2.

You mean MY's fundamental is strong...or it is slated to drop further? While I applaud for SGD's appreciation, but I'm still skeptical that MYR will stay this way forever.

Thoughts anyone?

And while other Southeast Asian nations took advantage of low U.S. interest rates to build reserves, Malaysia’s buffers are little changed from a decade ago