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 USD/MYR v5

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beLIEve
post Sep 6 2022, 08:13 PM

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QUOTE(download88 @ Sep 6 2022, 04:40 PM)
4.5 already
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Long term, MYR will always be down against major currencies.
beLIEve
post Sep 8 2022, 09:30 PM

三軍都督
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Senior Member
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QUOTE(Chrono-Trigger @ Sep 8 2022, 07:53 PM)
Everything has to do with confidence.

When people don't have faith in the Ringgit and with expectation of further devaluation, it will become a self fulfilling prophecy. It's similar to a bank run.
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I look at the billions of govt projects that I don't see beneficial to the country/economy. MYR is even down against the Indonesian Rupiah.
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