Yeah. I remember they lowered interest rates in July because at that time nobody foresaw Trump would actually win and the USD-MYR was around 3.95. They should raise it back to the same rates at least.

A small interest rate hike should be fine - Malaysia's currency is already the worst-performing in SEA. A little strengthening won't hurt.

For me it's tech products, especially Apple. I'm a mobile developer and I'm still using my 2013 13-inch rMBP which I bought for RM4,800. The cheapest rMBP now is RM5,499.00 and it's half the storage space of my 2013 one. Especially combined with GST introduced in 2015 it's a double-whammy.

Nothing much really. I think they're just cutting down on some red tape for small conversions.

People still tell me there's nothing to worry about... that since we don't import anything from Singapore it's okay.
But it's not like we're doing very well with USD either... so double whammy.

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.

For some reason that link isn't working for me (error 403 permission denied), but I managed to find a Google cache of it.

SGD is a good reserve currency. That's why they found millions of SGD at Najib's house.

Exact SGD figure isn't known, but since it was reported that "most of the cash was in Malaysian ringgit and Singapore dollar" I assume SGD was at least in the millions for it to be "most".

Just a few days later and it's now 4.15

In the case of Turkey it was completely avoidable but Erdogan really hates interest rates because it's against Islam. He actually called interest rates "the mother and father of all evil".

Malaysian Islamic banks use the mudarabah profit-sharing loophole but it's not really used in Turkey so there's no incentive for investors to keep lira.

MYR looks bearish in the near future.
I would keep buying USD and SGD with any spare MYR you have.

Partly because of the current USA government shutdown, which is the longest on record so far.