MYR going up and USD going down

There is still a ray of hope for all of us. Malaysia ringgit is improving (MYR 4.13/USD) compare to the last week (MYR 4.4/USD) or even last month (MYR 4.3/USD). Hopefully this trend will continue until Malaysia ringgit reach below MYR 3.90. Continue reading “MYR going up and USD going down”

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Malaysia ringgit hit the lowest point since 1998

It has been almost 18 years since the last economic crisis. The last time, the ringgit was pegged at 3.80 MYR per USD. Now 18 years later it reach 4.03 MYR per USD.

Earlier this month, financial expert said the ringgit won’t reach 4.00 MYR per USD this year or next year. After almost 8 days later the world have proved they was wrong. Continue reading “Malaysia ringgit hit the lowest point since 1998”