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Trump Next Tade War Malaysia included, Cepat cepat Jual KLSE!
happyking4ever
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May 24 2019, 12:21 PM
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QUOTE(zidane28 @ May 24 2019, 12:07 PM) Noob question here, but what affect our currency value? Is it outside factor or internal factor? Means we can control it? Or we can't? trade balance ie export and import affects currency value. so it speculative activities from currency traders. in a free market, the country will keep an hand off approach and let market forces to be the sole factors that decide the currency value. central bank can intervene and control the currency value in certain ways. in general, it is easy to de-value a currency by fixing the rate. the idea is if others is willing to pay 0.25 USD to buy 1 MYR from you, if you now willing to take 0.20 USD from others to exchange 1 MYR from you instead, definitely there will be buyers out there will keep buying from you at that rate. therefore, it is possible to keep an under value rate going forever, in theory. what ends up happening is you will be having an increasing amount of USD since people keeps on giving that to you faster than you can spend it. This post has been edited by happyking4ever: May 24 2019, 12:30 PM
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reed90
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May 24 2019, 12:22 PM
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QUOTE(sniper on the roof @ May 24 2019, 12:07 PM) I doubt Trump can even find malaysia on the world map let alone target us Most likely to happen
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Currylaksa
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May 24 2019, 12:22 PM
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QUOTE(sniper on the roof @ May 24 2019, 12:20 PM) Then he'll need another year or two to find us on the map. Lama lagi. QUOTE(desmond2020 @ May 24 2019, 12:12 PM) Lulz You overestimate trump's intellectual ability to even find malaysia on map QUOTE(tatmeng @ May 24 2019, 12:15 PM) Well-said. He knows Singapork because of LKY. He knows Thailand because of hnnggh But where is Malaysia? QUOTE(reed90 @ May 24 2019, 12:22 PM) Trump doesn't need to personally know about Malaysia for US to punish countries that the administration deemed as currency cheaters. His trade team will handle it. This post has been edited by Currylaksa: May 24 2019, 12:25 PM
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desmond2020
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May 24 2019, 12:23 PM
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QUOTE(sniper on the roof @ May 24 2019, 12:20 PM) You'd rather China win every round. Coming back... after China, he's got beef with NAFTA and the Europeans... after that maybe India etc etc.. Then he'll need another year or two to find us on the map. Lama lagi. He is winning the second term Yeah That is how stupid american is
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El-LoboSolitario
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May 24 2019, 12:23 PM
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Getting Started
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QUOTE(bakry @ May 24 2019, 12:12 PM) Us: we are malaysians! Trump: Singapore? Us: No, above Singapore Trump: Thailand? Us: No, below Thailand Trump: Indonesia? Us: Noooo, next to indonesia. Trump: Borneo? Us: ok la..we'll take that. ya borneo sana pretty sure Trump think M'sia = Jibgor or Jowlo...
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happyking4ever
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May 24 2019, 12:24 PM
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QUOTE(tatmeng @ May 24 2019, 12:15 PM) Well-said. He knows Singapork because of LKY. He knows Thailand because of hnnggh But where is Malaysia? maybe he knows. "wow they choose someone older than even me to be their leader"
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motherland
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May 24 2019, 12:25 PM
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Getting Started
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Say what? We undervalue our ringgit? i thought ringgit no value, not undervalue
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sniper on the roof
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May 24 2019, 12:25 PM
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20k VIP Club
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QUOTE(Currylaksa @ May 24 2019, 12:16 PM) He doesn't have to, his reps like Robert Lighthizer will handle it for him. Malaysia is not safe. Our GDP is only 1/10th the state of california. Not worth the bother.
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Chrono-Trigger
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May 24 2019, 12:25 PM
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QUOTE(zidane28 @ May 24 2019, 12:07 PM) Noob question here, but what affect our currency value? Is it outside factor or internal factor? Means we can control it? Or we can't? Unholy Trinity. The Unholy Trinity is an international economic principle that the policymakers of a country may pursue only two out of three policy directions. The three policy directions are the free movement of capital, an independent monetary policy, and a fixed or pegged exchange rate policy.In Malaysia, we have free movement of capital + fixed interest rate. Therefore, we can't really control exchange rate. It is left to the market forces. Hongkong, and to a certain degree Singapore, have Free capital movement + fixed exchange rate. Therefore, their interest rate fluctuates.
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fun_feng
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May 24 2019, 12:27 PM
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Cukur trump gonna over value to rm3
Make Malaysia Great again
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happyking4ever
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May 24 2019, 12:28 PM
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QUOTE(Twenty-Fifth Baam @ May 24 2019, 12:13 PM) means it will affect exports a lot, then? but how much of our exports are going to USA anyway? so what happens when we readjust to higher value or the actual value, then? de-value a currency on purpose is to help improve the export competitiveness. usa is one of our primary trading partners. but our country is not de-valuing our currency anyway. if we are, we should see a steady increase of our USD foreign reserve. and that's not what is happening.
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cofin
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May 24 2019, 12:29 PM
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QUOTE(khusyairi @ May 24 2019, 11:59 AM) I hope one day RM1 can buy USD1. Haha... only when Iran drop 2 nuclear on White House and Pentagon
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ketupatjahat
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May 24 2019, 12:29 PM
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New Member
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QUOTE(happyking4ever @ May 24 2019, 12:28 PM) de-value a currency on purpose is to help improve the export competitiveness. usa is one of our primary trading partners. but our country is not de-valuing our currency anyway. if we are, we should see a steady increase of our USD foreign reserve. and that's not what is happening. TS bodo. Just because our currency is undervalued, does not mean the government is doing it intentionally.
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SUSskyforcerld
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May 24 2019, 12:32 PM
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Cukur. Rm1 to USD1 in kambing. Rm20k salary reduced to Rm5k also.
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Aparaa
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May 24 2019, 12:32 PM
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Getting Started
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Dear LGE,
Please adjust our RM value to 1us$ = rm2.50.
Thanks.
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SUSThor1989
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May 24 2019, 12:36 PM
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Getting Started
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QUOTE(ketupatjahat @ May 24 2019, 12:29 PM) TS bodo. Just because our currency is undervalued, does not mean the government is doing it intentionally. BNM policy is dont defence Ringgit so it can be translate by Trump " countries that undervalue their currency bcs you dont defence it" Beside RM is the top 5 most undervalue big economy currency.
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maxxxxx0123
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May 24 2019, 12:37 PM
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Getting Started
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so? means that our RM shud be USD1 = RM3.2????
all hail trump. if trump force malaysia do that, i will support US instead of knn commies
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Pete the great
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May 24 2019, 12:38 PM
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QUOTE(happyking4ever @ May 24 2019, 11:46 AM) good, no more lower MYR means good for export and good for tourism. we should compete using reasonable currency, not always rely on cheap currency. But how do we manipulate our currency ?
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SinzChan
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May 24 2019, 12:38 PM
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Getting Started
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msia ringgit undervalued but still no ppl mau buy in to short ringgit... ayam konfius
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Boldnut
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May 24 2019, 12:38 PM
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QUOTE(sniper on the roof @ May 24 2019, 12:20 PM) You'd rather China win every round. Coming back... after China, he's got beef with NAFTA and the Europeans... after that maybe India etc etc.. Then he'll need another year or two to find us on the map. Lama lagi. I never said every round, dont put things into my mouth lol basically I rather have China keeping Trump busy.
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