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 USD 1.0 = RM4.231

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killdavid
post May 23 2025, 07:51 PM

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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
killdavid
post May 23 2025, 08:28 PM

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QUOTE(Chrono-Trigger @ May 23 2025, 08:27 PM)
Company earns money , I got no benefit.

iPhones get cheaper I benefit
*
You don't have EPF, PRS , stocks or mutual fund ?
I see
killdavid
post May 23 2025, 08:30 PM

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QUOTE(vhs @ May 23 2025, 08:28 PM)
Why I need to care about others who don't care about me in the first place? whistling.gif
*
You work for chinaman company or gov. For sure you don't care.
killdavid
post May 23 2025, 08:35 PM

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QUOTE(spursfan @ May 23 2025, 08:32 PM)
naik salah. turun salah. apa betul?
*
Equilibrium, balanced. We need to be competitive.
If we become an expensive country but with no high expertise then indon, thai and viet become more attractive.
Alot of business is denominated USD.
Don't be short sighted.

killdavid
post May 23 2025, 08:39 PM

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QUOTE(vhs @ May 23 2025, 08:36 PM)
Same for you. You work in export of course you care. Well wheel of fortune has turned and now its your turn to gg. Fair is fair. tongue.gif
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Malaysia is not an export oriented economy ?
Shows you don't care about country's economy but only how much your iphone cost. Eventually nations economy will catch up to you.
killdavid
post May 23 2025, 09:01 PM

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QUOTE(Chrono-Trigger @ May 23 2025, 08:53 PM)
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.
*
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.
killdavid
post May 23 2025, 09:16 PM

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QUOTE(Chrono-Trigger @ May 23 2025, 09:07 PM)
Dude. 99% don’t care about economy., gdp , export earnings

They care about food on table. Got it ?
*
Sure. But my original statement still stands.
Ktards only care about how much their shit costs, not about the impact to nation's economy

killdavid
post May 23 2025, 10:54 PM

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QUOTE(iGamer @ May 23 2025, 09:31 PM)
You mean we should be grateful for MYR past devaluing? You want us to appreciate that our money has been devaluing all the time?  rclxub.gif

What’s the use of our EPF and whatever fund keep growing but the MYR value keep dropping?
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What makes you say that? I emphasized on equilibrium, stability and balance. Not volatility or devaluing. Kapish ?

QUOTE(iGamer @ May 23 2025, 09:34 PM)
The same apply to you. You wish for MYR to remain low or even keep devaluing so your company can earn more from export. Yet most ppl’s hard earn wealth will keep devaluing while u celebrate export profit that does not benefit most ppl who don’t work under export companies.
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My company ? I'm  just a janitor. What makes you even imagine i am cheering for devaluation ?

This post has been edited by killdavid: May 23 2025, 10:54 PM
killdavid
post May 24 2025, 11:43 PM

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QUOTE(spursfan @ May 24 2025, 11:41 PM)
drop minimum wage then. i don't care. 1 USD should be equal to RM2.50
*
Keep dreaming


 

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