$USD/MYR (USDMYR.FX)$ People who bought US stocks are all cr...
$USD/MYR (USDMYR.FX)$ People who bought US stocks are all crying... Now the US stocks are down, the US dollar is down, it's really a double blow.
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103946773 : US stock has recovered a lot since August 5 black Monday; compare to KLSE. If you have position then you should notice, of course USD rate down is a loss to the US share holders
Henry-98 : that go my RM300 ~ value gone.
103493389 Henry-98 : It's OK, mine go 3k above. I believe it will go 4 this year, since fed said want reduce 120 by this year. No guarantee yet. It left 70 to go.
It is a cycle, if Malaysia can stay strong it OK, if can't last then might fall back
103831482 : In this case, is the Malaysian Ringgit strengthening again? 🫡
Huat2888 : It goes both ways, if you convert myr to USD now and buy US stocks then it's cheap. You use lesser myr.
Warren Buffed : Where is the US stock down? Everyone is at the highest level.