Tag: Ringgit
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I Forecast the Ringgit So That I Can Plan for My Holidays in 2024
If you like this content, consider subscribing to the website, or follow my LinkedIn and Medium. I have to admit. When I went on holiday to New Zealand last year, I was looking at my bank account and sobbing. RM3.00 for NZD$1.00. The trip was great, but I was scraping the bottom of…
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Currency and Commodity: Ringgit Weak? Oil and Coal Declines
This newsletter first appeared on my main LinkedIn channel. Subscribe now! The Dollar continues to gain in strength, while the Ringgit is still pooh-pooh. Another strong month for the U.S. Dollar. This is the third consecutive month that the dollar has gained. Well, it is good news for people holding…
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Why Bank Negara Malaysia should just let the ringgit do its thing – to float freely (Part 3)
In part 2, I wrote about how BNM ultimately will hit the trilemma wall if it decides to “control” the ringgit. In part 3, I will write about what the exchange rate means to Malaysia and how it does not reflect fully the state of the economy. This is entirely…
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Why Bank Negara Malaysia should just let the ringgit do its thing – to float freely (Part 1)
Much has been said over the months from the years of 2014-2015 about the weakness of the ringgit, about how its decline should be controlled by the various governmental institutions (Bank Negara Malaysia), or more extreme, the pegging of the ringgit to a major currency or a basket of currencies.…
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