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 USD 1.0 = RM4.231

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TSChrono-Trigger
post May 23 2025, 05:52 PM, updated 7 months ago

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RM 4.231

Why iPhone still no discount?
TSChrono-Trigger
post May 23 2025, 08:27 PM

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QUOTE(killdavid @ May 23 2025, 07:51 PM)
As usual ktards wishing rm appreciate solely for puschasing power to buy shit.
Never think about economic effect. Many companies will have bad performance and go into trouble because earning less RM due to forex.
US FDI will cabut to Vietnam for cheaper cost.

Economy is an equilibrium
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Company earns money , I got no benefit.

iPhones get cheaper I benefit
TSChrono-Trigger
post May 23 2025, 08:28 PM

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QUOTE(Bartholomew S @ May 23 2025, 08:08 PM)
If you guys aware, not many tourist coming to Malaysia lately because it become very expensive for them. Thailand and Malaysia is the victim of stronger currency.
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Singapore is going ok with strong currency , they decided long time ago that depreciation is not the way forward

Tourist still go sg , how ?
TSChrono-Trigger
post May 23 2025, 08:46 PM

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QUOTE(Bartholomew S @ May 23 2025, 08:33 PM)
Sg small country, 1000 tourist is enough. Malaysia and Thailand 1 million not enough. Many mouth to feed. Hotel, restaurant etc.
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It’s more like one rich tourist that lands in Singapore spends 10x more they spend in Thailand or Malaysia.
TSChrono-Trigger
post May 23 2025, 08:53 PM

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QUOTE(killdavid @ May 23 2025, 08:28 PM)
You don't  have EPF, PRS , stocks or mutual fund ?
I see
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Export companies employees got so much bonuses when ringgit down.

They also chose to park their export proceeds in USD , further pressuring ringgit to depreciate.

But I got nothing from them but inflation everywhere from food we import , from farmers raising prices due to increased cost for fertilizer.

This post has been edited by Chrono-Trigger: May 23 2025, 08:54 PM
TSChrono-Trigger
post May 23 2025, 09:07 PM

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QUOTE(killdavid @ May 23 2025, 09:01 PM)
So your perspective is how the system treats you and how you want to get even.
OK.
Then you are not looking at it from the perspective how it affects the nation's economy.
4.2 -3.8 is a decent range. Anything more than that maybe will send shock to the economy.
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Dude. 99% don’t care about economy., gdp , export earnings

They care about food on table. Got it ?

This post has been edited by Chrono-Trigger: May 23 2025, 09:08 PM

 

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