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Chitchat Faggot Expects Jiuhu Ringgit To Shoot To The Moon This Dragon Year! Diamond Hands!!!

JohnTan

Alfrescian (InfP)
Generous Asset
KUALA LUMPUR - Malaysia’s finance ministry on Feb 29 dismissed adjusting monetary policy or pegging the ringgit to support the weakened currency, saying it expects the ringgit’s value to appreciate in 2024.

The ringgit has fallen about 3.7 per cent in 2024 so far and briefly hit a 26-year low last week. Malaysia’s central bank has said the currency is undervalued and does not reflect the country’s strong fundamentals.

Second Finance Minister Amir Hamzah Azizan told Parliament the central bank’s monetary policy adjustments were not aimed at influencing foreign exchange, adding that any increase in the country’s benchmark interest rate risked burdening the people.

https://www.straitstimes.com/busine...ver-weak-ringgit-has-markets-eyeing-threshold
 

millim6868

Alfrescian
Loyal
Lol,u will see many PR n jiuhu kia become superman soon ,unless their relatives chip in if they buy properties in Malaysia lol
 

syed putra

Alfrescian
Loyal
Lol,u will see many PR n jiuhu kia become superman soon ,unless their relatives chip in if they buy properties in Malaysia lol
No point buying properties in jiu hu unless it's in a good location.
Same as Thailand. They got plenty of land so new developments are coming every where stifling home prices. In KL, plenty of bungalows are left vacant as I presume the rich abandoned the country including in prime areas in city centres. . Or prefer to buy new homes instead of used ones.
 
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