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> 1 USD > 4.1 MYR, dropping since PH took over!, Did Pakatan fail?

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party
post Aug 30 2018, 10:24 AM

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QUOTE(kehadapan @ Aug 30 2018, 10:17 AM)
BN logic when PH 100 days in ruling = PH 500 years in ruling  hmm.gif
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Fixed.
SUSlaoahpek
post Aug 30 2018, 10:31 AM

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when currency drop : that sohai said he got no control of currency

when currency recover abit : ROAEERRRRR!! U SEE !!! under my admin it recover liao !

*macai at the back eating kangkung and cheering for their sohai leader"
leftist
post Aug 30 2018, 10:33 AM

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Waaaa lps takeover govt macai expect rm3.50 to 1usd arrrrr
powerlinkers
post Aug 30 2018, 10:33 AM

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Internal and external factors.

Internal factors play a major role.
Tun Mahathir caused greatest drop in history of Malaysia during his 22 year rule.
People are afraid of capital controls under him.
Investors confidence will not return to DS Najib's level until he resigns.
Moreover, GST is reversed : which does not make any economy sense at all.

PH :Flip flop economic policies with stupid statements every fortnight scaring away investors.

This post has been edited by powerlinkers: Aug 30 2018, 10:40 AM
leftist
post Aug 30 2018, 10:34 AM

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QUOTE(taibmahmudfinal @ Aug 30 2018, 10:30 AM)
the worse drop is in January 1998, during Mahathir & Anwar's
from 2.50 to 4.88

Ringgit jatuh paling rendah pd 1998, kpd RM4.88 yang menyebabkan kerajaan mengambil tindakan drastik untuk menambatnya kepada 3.80 berbanding dolar hampir tujuh tahun. 
https://m.malaysiakini.com/news/308254
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1998 is asia financial crisis laaaa
SUSazhan82
post Aug 30 2018, 10:36 AM

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meanwhile.. KLCI back to 1800ish biggrin.gif
azmanadnan
post Aug 30 2018, 10:36 AM

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QUOTE(spacelion @ Aug 30 2018, 09:31 AM)
Mahathir!

From 2.5 drop until need to peg 3.8
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I see I kept thinking till 4.5 just recently
OldSchoolJoke
post Aug 30 2018, 10:37 AM

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datang dah macai macai..
powerlinkers
post Aug 30 2018, 10:37 AM

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Deleted.

This post has been edited by powerlinkers: Aug 30 2018, 10:38 AM
mw1980
post Aug 30 2018, 10:38 AM

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QUOTE(taibmahmudfinal @ Aug 30 2018, 10:34 AM)
December 1997, 1 USD = 2.50 MYR
January 1998, 1 USD = 4.88 MYR
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That time I wasn't affected, still young. LOL
mamao
post Aug 30 2018, 10:38 AM

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macai PH logic


mana cukup recover 100 days if can 60 years lah like BN did
khelben
post Aug 30 2018, 10:42 AM

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QUOTE(eXTaTine @ Aug 30 2018, 09:42 AM)
Which PM was it that USDMYR went from 2.5 to 4.7?
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QUOTE(taibmahmudfinal @ Aug 30 2018, 10:34 AM)
December 1997, 1 USD = 2.50 MYR
January 1998, 1 USD = 4.88 MYR
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Tun M's plunge was because of soros and the Asian financial crisis.

Jibby's time was because of crude oil plunge and 1MDB scandal.
dupreehere
post Aug 30 2018, 10:42 AM

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QUOTE(eXTaTine @ Aug 30 2018, 09:25 AM)
user posted image
Supposedly Pakatan is the saviour of the economy, but the ringgit has been dropping since Pakatan took over. Tu la, make markets panic with potek potek potek and scaring everyone..
Under Jib the ringgit was recovering all the way up to the dissolution of Parliament...if he's so bad why Ringgit was going back up under his managment?
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Diamlah singkie wannabe...
maxxxxx0123
post Aug 30 2018, 10:44 AM

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whao, u really tak tau malu lie buta buta

Supposedly Pakatan is the saviour of the economy????

don't tipu la. u never think that
leftist
post Aug 30 2018, 10:45 AM

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QUOTE(taibmahmudfinal @ Aug 30 2018, 10:41 AM)
meh another lame excuse
meanwhile that time our neighbors's SGD not affected at all & increased in value on par with USD
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on par with USD??..u want to tell fake news, this is not the place laaa


https://freecurrencyrates.com/en/exchange-r...SD-SGD/1998/cbr
SUSbig[1]
post Aug 30 2018, 10:45 AM

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Oh shit another 4 years then
zephyrus9999
post Aug 30 2018, 10:51 AM

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Usa is going tanking mode, fed rate increased. Yield curve flattening. Trade war made most diff. Usd been appreciating vs other currencies
anuarnor
post Aug 30 2018, 10:51 AM

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QUOTE(khelben @ Aug 30 2018, 10:42 AM)
Tun M's plunge was because of soros and the Asian financial crisis.

Jibby's time was because of crude oil plunge and 1MDB scandal.
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During tun m era Malaysian comp/gov had large amount of foreign borrowing so it hit a bit harder.

Also i read there's another in 81 that drop myr from 1=1 parity with sgd.
ohnowhyme
post Aug 30 2018, 10:52 AM

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QUOTE(azmanadnan @ Aug 30 2018, 09:27 AM)
Under which pm the currency started dropping ya can't remember
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tun m
sukhoi35mk
post Aug 30 2018, 10:52 AM

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within 100 days.... wanna MYR3.8 = USD 1..... another 100 days become MYR3=USD 1..... wow... like that before PH term ends..... i afraid MYR1=USD1.... or maybe MYR0.5 = USD1..... no need 10 yrs we can become world economy super power..... smile.gif

This post has been edited by sukhoi35mk: Aug 30 2018, 10:53 AM

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