QUOTE(MGM @ May 5 2025, 03:37 PM)
Haha back to 3.80, in 1998 USDMYR was pegged at 3.80 due to financial crisis caused by incompetent governance.
actually during PH1.0 before 2020 covid, ringgit also was around 3.8 to 4 range.3.8 Ringgit to a Dollar
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 May 5 2025, 03:40 PM
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863 posts Joined: Apr 2019 
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May 5 2025, 03:43 PM
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863 posts Joined: Apr 2019
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QUOTE(fongsk @ May 5 2025, 03:41 PM) Yes! Who was the FM that caused this until we have to peg the MYR to USD? 😉😉😉😉😉😉 the rest of ASEAN and korea also experience sharp currency depreciation during 97-98. anwar wanted to take IMF bailout like the other countries. Atuk dunwan and decided to peg currency, effectively imposing capital controls. fongsk liked this post
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May 5 2025, 03:49 PM
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QUOTE(fongsk @ May 5 2025, 03:47 PM) You missed the point,. WHY did it go to that point? Salah BNM? Salah FM? salah atuk? 😉😉😉😉 why did the whole of asean and korea also go to that point? |
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May 5 2025, 06:15 PM
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QUOTE(fongsk @ May 5 2025, 06:12 PM) Hahahaha… cos the do not have the best FM/PM in their country? 😉 Like I said. Anwar could have taken imf like indo korea Thai. But he got overruled by sith lord. |
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