[Official Thread] Ringgit Exchange Rate

[o0KelviN0o]

Will it hit a pont where it reaches 2.70

yes... most currency experts predict a weak RM for a forseeable future

 

[ronleech]

any update?!

 

[ticklish8]

Just change ringgit. RM2.602 at Arcade... 2nd floor

 

[yvette_qi]

yes... most currency experts predict a weak RM for a forseeable future

i disagree... 2.6 should be the highest. cause noway malaysia will allow their currency to further drop

 

[Hisashiburi]

A weak myr is better for malaysia as their exports become cheaper to sell.

If malaysia is concerned about weakening currency, it would still be 1 to 1 now with sgd.

i disagree... 2.6 should be the highest. cause noway malaysia will allow their currency to further drop

 

[ocs_woodlands]

A weak myr is better for malaysia as their exports become cheaper to sell.

If malaysia is concerned about weakening currency, it would still be 1 to 1 now with sgd.

A country with a heavy agricultural sector will often have a depreciating currency as the costs are in local currency while the price is in USD

 

[bbmars1128]

Read an article few days back. It was regarding the depreciation of the Ringgit vs SG$. It mentioned that throughout this region, all are dropping. However, Most currencies drop more against the US$ than compared to SG$ which is lesser. Besides, many are looking for safe haven to park their $$$. SG is in good position for many to put $$ here thus causing SG$ to strength against other regional currencies. It also mentioned that SG$ will continue to appreciated for the 2-3 months.

 

[(^@^)"]

Bishan J8 2.59278

 

[altya1]

finally hit 2.6... time to change more!

 

[Handsome_guy]

Huat ah!!!

 

[amberlight]

i sho leegret i changed at 257

ish msia ringgit pegged to USD?

 

[ronleech]

Heng I haven't change yet....but anyway I aint changing 10s of thousands so cant really see much different

 

[skykisser]

i disagree... 2.6 should be the highest. cause noway malaysia will allow their currency to further drop

You're talking as if the people behind the Malaysian economy has a choice for the better. Indeed the BN scums have a choice, they choose to enrich their own pockets, who gives a rat's backside about the health of the country's economy ?

Ringgit will drop and drop and drop like grapes. Wake up.

 

[ticklish8]

Arcade RM260.50....

 

[dede1217]

Arcade RM260.50....

omg finally !!!

 

[funky05]

Arcade RM260.50....

Spot on, time to change 1k tmr

 

[yvette_qi]

You're talking as if the people behind the Malaysian economy has a choice for the better. Indeed the BN scums have a choice, they choose to enrich their own pockets, who gives a rat's backside about the health of the country's economy ?

Ringgit will drop and drop and drop like grapes. Wake up.

Any country can manage their economy depends on how long they want to. Just compare Gold, USD, RM and u will have ur answer.

Time to enrich ur economy knowledge.

 

[ronleech]

i disagree... 2.6 should be the highest. cause noway malaysia will allow their currency to further drop

Not necessary.... lower exchange rate will benefit their export but will create inflation too cos stuffs coming in will be costly unless they use their own country made items.

 

[Tloslm]

very soon 2,70 lor

 

[dede1217]

very soon 2,70 lor

haha dont think so lah lol ... too high liao lar lol ...