Blog: Economic Update - Ringgit stays depressed as the US unwinds stimulus

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4 comment(s). Last comment by haikeyila 2013-12-20 10:49

Ooi Teik Bee

11,641 posts

Posted by Ooi Teik Bee > 2013-12-20 10:08 | Report Abuse

The weakening of Ringgit is good for export stocks. All furniture stocks, timber stocks, technology stocks and Plantation stocks will be star performers in 2014. Just stay focus on them. Thank you.

haikeyila

1,068 posts

Posted by haikeyila > 2013-12-20 10:12 | Report Abuse

good for the country short term but detrimental in the long run. how bout stop investing in bursa and move to other markets with an appreciating currency?

Ooi Teik Bee

11,641 posts

Posted by Ooi Teik Bee > 2013-12-20 10:32 | Report Abuse

Ringgit is down, stock market is up. Focus on KLSE. Thank you.

haikeyila

1,068 posts

Posted by haikeyila > 2013-12-20 10:49 | Report Abuse

and what will the point if your stock prices go up, but your currency keeps dropping? i'm sure many are already heavily invested in properties, EPF, PRS, etc with this useless ringgit. why invest more?

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