Outlook bleak for ringgit, say analysts
FMT Reporters | March 1, 2017
Economist: With Bank Negara's weak foreign currency reserves, ringgit's depreciation could see it drop to as low as RM3.30 against SG dollar.
http://www.freemalaysiatoday.com/category/...t-say-analysts/

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

analysts are analysts.

predictions are just what they are - predictions.

while the band of "rm will strengthen to xyz" experts have gone all silent, here's a new one from across the causeway.

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..

those are not investment, it's a fire sale to pay debt.

As much as I hate to say, sgd is advancing to 3.25 level imho 

Thank you to the reader who sent this in the comment.  Taxi drivers in Johore Bharu now accept Singapore Dollars for the JB – Rochor ride. The rate is SGD12.00 per person.

It means Singapore Dollars are now legal tender in JB.


http://www.malaysia-chronicle.com/johor-bh...iating-ringgit/

SGD can be used in JB soon?!

U.S. equities chopped around the flatline on Friday after Federal Reserve Chair Janet Yellen put an exclamation point on the possibility of a rate hike this month.

While leaving just enough wiggle room in case conditions should change, the central bank leader said economic improvements of late will be a big part of the discussion at the March 14-15 Federal Open Market Committee meeting.
...
Market expectations for a March rate hike have skyrocketed to 81 percent, according to the CME Group's FedWatch tool, on the back of hawkish rhetoric and solid economic data.
http://www.cnbc.com/2017/03/03/us-markets.html

fed likely to hike rates on mar 15.

will be interesting to see if bnm will continue to use reserves to intervene or let go.

Well, Sgp government manages the economy well. Cant blame them. But to be honest, I think many countries are doing fine because the only currency that is on a free fall now seems to be only the RM. 

Who doesn't want SGD now. Its 3.18 today at the money changers. 

fed likely to hike rates on mar 15.

will be interesting to see if bnm will continue to use reserves to intervene or let go.

So far i saw buy @3.153 (MVM) and sell @ 3.19 (KLCC) 

Any hope for RM after US interest hike....or should we consider migrating somewhere else..if yes where~

Are you kidding me? US increase rate, RM will drop further. Unless it's "pegged"