Posted by ks55 > 2019-09-16 12:26 | Report Abuse

When Japanese Yen is weak, Govt of Malaysia wanted to borrow in Yen denomination.
If using new Yen borrowing to pay for USD debt, you need to borrow more to retire lesser amount of debt.
If you need to bring home Yen borrowing to help development project in Malaysia, you are getting less in terms of Ringgit.
When Japanese Yen appreciates, you will need to pay more in terms of Ringgit.

Why can't you borrow more USD now as the currency is grossly overvalued right now, and when the future of US economy heading for crash, and FED is on the way to loosen interest rate thus killing USD exchange rate, all indicators pointing towards a lower dollar regime for next few years to come.

Only when we have some idiots wish to borrow when the currency is weak, and pay back when that currency goes sky high in near future.

How Malaysia not going bankrupt if Finance Minister don't even know a shit on economy?