it could be that we are now experiencing the same effect as Philippines and Indonesia: remittances of our citizens working overseas.

Christmas and CNY, which usually means if one is working overseas, this would be the time to send money back to families etc.

No mistake that MYR is strengthening against all other currencies.

Unfortunately, not sure if any official data been published by Malaysian government, but can do some guesses.

I think Singapore may have close to 2 million Malaysians working there, if not at least 1 million.
And then we count countries like UK, US, Australia, NZ, HK, Taiwan, China... should have at least another 1 million.

I am also guessing all of them 3 million malaysians will be earning much greater than our Malaysia's average income of around 5K rm. In fact, should be a lot more since we like to claim brain drain and better prospect.
So, lets say they can send back 2 months of their salary of say 10K rm min.

3 million x 10K x 2 month is like 60 billion ringgit.

Scary amount of remittance.

Disclaimer: all these are just my educated guesses.

I was just having a go at the numbers for educated and fun discussion.

but it turns out there is some numbers listed out in the web, and some of the numbers are conflicting. I guess this is to be expected. Also, we need to consider those who work illegally.

like this one
Malaysia diaspora
here states about a million malaysians working overseas

and this
Malaysians working in Singapore
here states just Singapore is around 700K malaysians


and i really doubt they included those of us who work illegally in the various countries.

I guess 60 billion ringgit, while high, is still within the realm of possibilities.

that's the headache.... don't know to laugh or worry....

networth in ringgit is up nicely, but can see dare not touch. haha.
at least can pretend to be richer in myr terms.

joke lar.... Typical American style of "lying".

see what it means to be in the list... and see if meeting the requirements meant manipulating anything?

"These countries exceeded two of three thresholds: a trade surplus with the US above US$15 billion, a high global current account surplus above 3% of gross domestic product, and persistent net foreign currency purchases exceeding 2% of gross domestic product (GDP) over a year."

a) not export too much to USA....
b) cannot be too productive and export too many stuff. ie to export, you must be like the americans: consume
c) if already (b), sure lar must have positive Fc purchase rite? else buy commodities?