Ringgit To Strengthen To RM4.00 Against US Dollar In 2017: Trade Expert
http://www.malaysiandigest.com/business/64...ade-expert.html

Hmm boleh percaya kah     

this big gun say weak RM is great!

but this other big gun disagree.

weak RM cannot be good overall. it's BS to say it is good.
if it's really good, just devalue to 7.0 or even 8.0, all is good then.
so easily done.
try getting it back to 4.0, u can only get defensive responses like "all external, can't control, not too bad".

of course, the ever wise statement is "too strong no good, too weak also no good, just right is good."

so, the big question now, given:

.. the continued strength of the $.
.. USD/RMB going >7.0 soon.
.. our debt levels and addiction to debt.
.. gomen priority for gdp growth (and hence reluctance to raise int rates), which is primarily driven by consumption and construction that bring no fx.
.. our budget deficit, br1m, subsidies, leakage, wastage, graft.

what is the "right" no. for RM?

5.0 by 2018 sounds about right, no?

He said Tan’s statement was accurate to describe his trading position at the moment, especially as the latter would profit more from the weakening ringgit.
“Tan has a number of businesses overseas and the revenues from these operations would bring greater gains should it be brought back and converted to ringgit, while the ringgit is weak,” Dzulkifli said of the Cardiff City football club owner.

Ringgit oversold by 10% to 12%, says Public IB Research
http://www.theedgemarkets.com/my/article/r...lic-ib-research

boleh percaya kah this news