People on Reddit told not to worry about it. They say Malaysian food is still better, will have good business.

Yeah exactly... a weak currency is good for exports in general, but also sucks for travelling.
Also I'm pretty sure JB imports treated water from Singapore.

Maybe bouts of USD weakness + FX reserves + maturing bonds and potential outflows? imho

ya, selling more nasi lemak and charkoayteow will push RM up.

the right question to ask is WHY rm keeps sliding against so many others?

and for so long... >3 years and counting!

forget usd, sgd, aud...

WHY can it not stay the same as its peers - thai baht, filipino peso, rmb... even bangladeshi taka?!

of course, if one subscribe to "speculators, traitors, sabotageurs, conspirators", that will always explain everything bad.

yes, $ has been declining as markets felt trump talked louder than he is doing anything.

and fed has been rather dovish in last few weeks.

but... the tide may change soon.

.. trumps speaks this morning(local time), may move markets
.. fed may actually hike rates in march:
http://www.cnbc.com/2017/02/28/fed-moves-t...-rate-hike.html

if rate hike and $ rises again, we will have to see if BNM will continue to crawl peg the RM or let it slide.

and against all that, nothing changes - unresolved mega scandals, hudud talk, no cut in gomen spending. still counting on exports and tourists for rm strength?

AVFAN why isn't Saudi's investment helping to boost the RM abit?

same question as RM400 billion... china.

WHERE is the money?

if any, is it in $ coming from outside or money raised from gomen bonds, bursa, epf, local funds?

Personally I think we could reach the bottom next year?

I think could possibly be shorter term factors take precedence over long term factors?

Short term boost is good enough for me to transfer my RM.

Aha! Always knew there are Redditors lurking around.

Correct. The Arabs and Chinese did pledge the money. But how soon these funds are being transferred in and where these funds being pumped into remains another question. And how our government "manages" the funds is another question.

This post has been edited by TOMEI-R: Mar 1 2017, 11:20 AM

The RM is already down in the drains. There wont be any "rock bottom" as you mentioned and it will keep falling as long as there is no proper running of the economy by those in power. Mind you, do you know that our currency is worth even lesser now compared to last time compared to Bangladesh's Taka. So does this means even Bangladesh is doing better in terms of economy than us?

I'm sorry to say this,... but sounds like all these supposed pumpings-in of funds are bs's to me,... perhaps jibby and gang wants to prop up the RM and the confidence of the people by asking those foreign leaders to utter something like this to the media !

Hshaha..
Having the same thinking...
Ask all those fellow to give some glowing reports on Malaysia..
When people see, especially those kampong folks.. They happy.. Our leaders would also come in to support the investment.. Give PC here & there telling Malaysia is strategic for foreigners... Bla bla bla..

The Arabs are not as 'extravagant' as they used to be, not with the current dip in barrel prices. The Chinese are very cunning people. They wont simply pour their money into you without getting 'more' from you. And like mentioned, even if the funds do come in, how sure are you those monies will be pumped into the economy or rather to 'somewhere else'? Just take all these news with a pinch of salt.

This post has been edited by TOMEI-R: Mar 1 2017, 11:51 AM

That is correct.

Only fools think arabs n chinamen are waterfish.

Anyway, those are just PLANS.

Like FDI approvals.

When, what and how the money come or not is another question.

Then again, snake oil sellers think they are good at selling, goons are more than happy to cheer.

Snake oil seller story again bro?
Where is Jolokia and BBW? Seems they have been quiet recently. Maybe due to softening of property sales and prices.

That's what i interpreted as short term (Feb & Mar bonds redemption and potential outflow?) vs long term (FDI) impact

there will always be "major" reversal in term of time-frame
it cannot be 1 way traffic
however the size of reversal before resumption of LT trend need to be revisited then

Lets us 'slow slow' wait for it then.

Honestly speaking, I dont see any reasons for there to be a 'major' reversal.

how has fdi been in the last 10 years, what changes?
http://www.tradingeconomics.com/malaysia/f...rect-investment

oh, it can.

currency values are not random. depends how the power ones manage the economy.

some go down, stay down and down some more - for decades.

dong, rupiah included.
http://life-in-saudiarabia.blogspot.my/201...s-of-world.html