BFM Podcast

Ringgit is Falling down, Falling down

Tan KW
Publish date: Wed, 05 Aug 2015, 02:27 PM

The Morning Run Crew

05-Aug-15 12:15

- Ringgit revisits pre-peg level as commodity price slips
- Will Malaysia's capital market's activity level off?
- Hunza: KTT Holdings asked to revise offer price

Discussions
1 person likes this. Showing 19 of 19 comments

Humpreyliew

Government purposely weaken RM so export of commodities yearn 25% more revenue from dollar. For usd48 oil per barrel, government yearn usd60 based on weak RM.

2015-08-05 14:57

macintouch

they will go up eventually when near election haha

2015-08-06 15:13

lyk888

Just watching the purchasing value of my EPF money eroding every day...sigh.

2015-08-06 16:03

jasonor

1 usd tp rm4 is achievable. But 1 usd rm5 also not impossible to achieve in next few years if this country keep being run by the corrupted. Plus oil wont be comming bck to usd 100 anytime soon i believe.

2015-08-06 18:30

apanama

Its common market will drop after 2 years election..create all the non sense including RM..x be cina bukit..everything under the sun is bad while u stocking everything under the sun too..its x only MYR weakened..its almost all exporting country in this world..even DAP knows it..saja mau buat kecoh cina bukit..:)..

2015-08-06 18:38

Ravi Kumar

I believe that it is time for Najeeb to take a hike. His ride is over. Foreign investors leaving because of the donation story.

2015-08-06 18:39

andychucky28

If donation money, why it has to turn around the world and into the fatty's pocket before coming back into his account?

2015-08-06 18:41

LaoLiu

This is totally a joke, donate RM2.6 billion to Najib..for christ's sake!

2015-08-06 18:44

stevenhong

Post removed.Why?

2015-08-06 20:21

stevenhong

Post removed.Why?

2015-08-06 20:26

TengkuFaisal

ringgit depreciation to 4.00, or 4.50, or whatever it is does not really kill the economy. it is the loss of confidence that cause it.

the only way out for bolehland is to depreciate its currency to the lowest possible. short term pain, long term gain.

thats the reason we love thailand, bcos rm 1 can convert 12 baht, (last time), now convert 8 baht only.

if ringgit can depreciate to rm1 convert 1 baht. guess what? thailand ppls and all over the world will come invest spend in malaysia. and all lazy malaysian will be hard working maid in overseas sending USD back to bolehland.

2015-08-06 20:44

desmond0802

If Vincent donated for sure toto 4d license cannot renew already .

For example if a company elected CEO salary is even lower than outside maybe MNC Sales Manager salary . So what do you think about this CEO ....he has to carry and overview the whole company operation including profit n lost . For sure this company will be heading no where coz the CEO keep thinking how to earn extra income beside getting fixed income .
I always believed pay adequate to every post or paying even higher than market 10x . You will attract more and more talented to work for you . This is call meritocracy .... Very soon the company will start to fly and fly very high .

2015-08-06 20:44

Probability

Post removed.Why?

2015-08-06 21:07

stevenhong

Post removed.Why?

2015-08-06 21:14

Hidupakatan

Kita undi Pakatan Rakyat!! Hidup Rakyat!!

2015-08-07 12:41

r°Moi

.


Black swan


Turned out.. black swan.. not Greece.. not China.. not Pruto Rico


Turned out.. black swan is... donation

.

2015-08-07 12:48

Icon8888

Black sheep

Haha

2015-08-07 13:18

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