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 USD TO MYR, Wow...

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TSarcadicus
post Nov 15 2022, 09:43 PM

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Early sign BN will win GE15?.
premier239
post Nov 15 2022, 09:54 PM

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it means msia no need govt, let free market capitalists control
sadukarzz
post Nov 15 2022, 10:37 PM

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inb4 forex reserve dwindle to buy back ringgit
kelvinlym
post Nov 15 2022, 10:47 PM

Yes, that was my car.
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Because dollar index dropping due to better than expected CPI which in turn market expects FED to slow down the rate hikes.
atmosthere
post Nov 15 2022, 10:50 PM

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lots of usd campaign fund coming in hihi
fadzly
post Nov 16 2022, 12:36 PM

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QUOTE(Artus @ Nov 15 2022, 09:36 PM)
Currency appreciation during interest rate hike is only temporary.

Once interest rate hike stops, the currency with lower inflation would appreciate against the currency with higher inflation.


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now i know why people at US bising about high inflation. at first, i say, why la US, the currency veli high, but still got inflation...

Thanks mael, zafrul and mahiaddin and also shamsiah yunus
h@ksam
post Nov 16 2022, 12:37 PM

@ is a
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QUOTE(msacras @ Nov 15 2022, 07:46 PM)
All in!!!

We should have election everyday, then MYR will be stronk everyday.
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delay election la 2 more weeks "due to flood warning"

then tengok see can go arah 4.30 or not rclxm9.gif
ibnwara
post Nov 16 2022, 12:40 PM

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because of announcements regarding our economy performance?
realn00b
post Nov 16 2022, 01:03 PM

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Dxy down for now but expected to go back up next year?
SUSBlackagar Boltagon
post Nov 16 2022, 01:06 PM

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Shows how corrupt our leaders are. U think this strenghtening is because of fresh FDI?

All of it dirty money especially from Mahathir.

Imagine that, having so much USD until can bring down 4.74 to 4.54. This is how corrupt Mahathir and BN-PN is. Behind the corridors many dirty deals.

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