Posted by ks55 > 2022-07-17 15:30 | Report Abuse

That is the reason why Anwar cannot be the PM of Malaysia.

Posted by The_JQuestion > 2022-07-17 15:38 | Report Abuse

YEAAAA they all unite against HIM everyone is too afraid of him esp THAT OLD CULT master OF destroying MALAYSIA

Posted by Tobby > 2022-07-17 21:45 | Report Abuse

Enough fairy tales from Anwar! Time for him to retire!

Posted by arv18 > 2022-07-18 01:52 | Report Abuse

The only time Anwar had sleepless nights was with Assmin the Ass Assassin - keeping him up all night!

Posted by krish52 > 2022-07-18 08:58 | Report Abuse

the malaysians should give him a undivided chance for him to prove his theory. we have lost a lot from the old foxes of thieves anyway.

Posted by beinvested > 2022-07-18 13:05 | Report Abuse

At that time, the PM appointed a finance minister that was not elected through the parliamentary process but merely by an appointment which is rare in the world even until today.

Posted by AlsvinChangan > 2022-07-18 13:11 | Report Abuse

anwar seeks IMF help

daim the malay warrior defected and killed all the curency attackers
malaysia is saved come back stronger than ever

Posted by beinvested > 2022-07-18 13:33 | Report Abuse

Malaysia is saddled with a huge national debt unnecessarily.

The monthly repayment of these many debts denominated in foreign currencies will burden the Ringgit for a long time to come. As you have to supply more Ringgit gradually to be converted to USD (for example) owing to the depreciative of our currency, the value of Ringgit will suffer further expectedly. Unless, the people/country, by definition of the GDP, becoming more productive so the country can reduce the debts to strengthen the Ringgit.

Posted by beinvested > 2022-07-18 13:51 | Report Abuse

The banks in the US are increasing the lending rates owing to the inflation in their economy.

Naturally, the funds which came out earlier from US will be lured to return either to reduce the borrowing cost or as maintaining the value of the USD, will cause a higher demand of the USD comparatively. Therefore the exchange rate for the USD against another currency will be increased not because the US economy has improved. The other economies will be dampen as the USD will be demanded in their respective markets because the local funds will be sold to be converted to USD for the onward return to the US shore.