$USD/MYR (USDMYR.FX)$ The Malaysian government terminated th...

田東正 commented on a stock · Oct 17, 2024 15:01

$USD/MYR (USDMYR.FX)$ The Malaysian government terminated the "Currency Interchangeability Agreement" with Singapore and Brunei on May 8, 1973. As a result, the resource-rich Malaysian Ringgit has been depreciating continuously, while Singapore and Brunei have been experiencing appreciation and prosperity! Leading the people to live in harmony and prosperity, the country's government guarantees honesty and appoints officials based on merit!

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PH : bro, if they don't terminate it 1myr = 1 sgd

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田東正 OP PH : Yes! Just like the Brunei Dollar and the Singapore Dollar are equally interchangeable! There are so many policy measures in Singapore that Malaysia should learn from!

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ais_tingkap : malaysia is exporter country…strong ringgit woudnt benefit our local exporter at all…it not just the strong or weak currency matter…the real problem is low income…hongkong, japan, south korea all their currency against SGD at what rate? but their income still at the higher end…that is the real issue for Malaysia right now…

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田東正

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