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SGD Strong, Ringgit Weak

will the weekend Low Yat incident be intentionally escalated further to divert attention away from 1MDB?

Ringgit 2.81 today

Are soldiers among the rioters?
Why rioters similar age and can activate to mob within such short notice during Ramadan?
 
Sinkies are not widely read enough. Especially those comments on Temasek Review's facebook page makes me laugh.
You don't even know your backyard why bother about neighbour's problem.

The Low Yat Plaza incident is incited by Barisan Nasional's Samseng arm called Pekida, period. Purpose? To deflect attention away from Najib and 1MDB. The Malaysians show a lot more maturity in handling the issue and they are not falling into the trap. Most online forums such as Lowyat forum (MY's HWZ equivalent) have removed all threads relating to the incident and the different races are united against common enemy ie Najib and 1MDB
 
Sinkies are not widely read enough. Especially those comments on Temasek Review's facebook page makes me laugh.
You don't even know your backyard why bother about neighbour's problem.

The Low Yat Plaza incident is incited by Barisan Nasional's Samseng arm called Pekida, period. Purpose? To deflect attention away from Najib and 1MDB. The Malaysians show a lot more maturity in handling the issue and they are not falling into the trap. Most online forums such as Lowyat forum (MY's HWZ equivalent) have removed all threads relating to the incident and the different races are united against common enemy ie Najib and 1MDB

Tonychat die pain pain. His UMNO masters are in for it.
 
exchange rate as of today......

image.jpgimage.jpg
 
sillypore dollas is strong because the garberment make it so for several reasons..

like - to attract low paying foreign workers
to attract foreign funds
to control inflation
etc etc
 
Watch Ringgit's closing for the week

Closed 2.98.

If you believe me, according to my sources
money changers in Penang and some small Malaysian airports are now willing to buy SGD at 1:3 since last night.
 
[h=1]After learning that the ringgit fell below 3 to Singapore dollar in a new record low...[/h] 3 hours ago


3194_large_lee50dollars.jpg
 
Oil dropped 60% in one year
even harder to save ringgit

Malaysia needs to either hike rates or peg ringgit
do they dare
 
Oil dropped 60% in one year
even harder to save ringgit

Malaysia needs to either hike rates or peg ringgit
do they dare

They dont have deep pockets so no bullets (reserves) to fight the market force to maintain the peg.
 
They dont have deep pockets so no bullets (reserves) to fight the market force to maintain the peg.

Abang Lee Hsien Loong and Abang Ho Ching are more than willing to help if only called upon.
 
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