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$USD/MYR (USDMYR.FX)$ Please 1:5 👏👏
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$USD/MYR (USDMYR.FX)$ guys~I won't talk so much. 3.80.
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$USD/MYR (USDMYR.FX)$ I really miss when USD1 = RM4.78 ….please please…get the rate again
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The answer is no, in my personal opinion:
1. The USA is currently facing a presidential election. Faced with unknown answers, hot money is flowing out of the USA and into emerging markets, waiting for the new president to take office at the White House. Hot money then flows into the US market simply because the dollar equals oil. In this world, which country does not use oil? Besides, the Fed is specialized in harvesting funds from various countries, using interest rate hikes and cuts, which can lead to bankruptcies of countries with negative assets. The Asian financial crisis in 1997 forced Southeast Asian countries to seek help from the IMF at a high cost. During the 2008 credit crisis, Greece became the first bankrupt country. Similarly, post-pandemic, the rapid interest rate hikes by the Fed in early 2022 led to Sri Lanka becoming the first bankrupt country in 2024. The dominance of the dollar shifts America's own economic problems to other countries.
2. In Malaysia, in October, the government will present the budget for 2025, which in reality is a piecemeal affair with only the elite politicians benefiting, while the common lbx pharmacy chain joint stock only receive a small amount of aid. The question is, where will the government find the money? Will the GST tax return? Will there be new taxes or adjustments? As the national deficit increases, the Malaysian Ringgit is likely to head back to its path towards the US Dollar, hitting RM4.50 again within three months. As seen during every festive season, there is a surge of inflow into Thailand, breaking records – causing congestion at entry points. There has been a significant outflow of foreign exchange along with many Malaysians withdrawing from their savings after the pandemic for material indulgence. Over the past decade, with a large influx of foreign workers, there has also been a considerable outflow of foreign exchange. The recent...
1. The USA is currently facing a presidential election. Faced with unknown answers, hot money is flowing out of the USA and into emerging markets, waiting for the new president to take office at the White House. Hot money then flows into the US market simply because the dollar equals oil. In this world, which country does not use oil? Besides, the Fed is specialized in harvesting funds from various countries, using interest rate hikes and cuts, which can lead to bankruptcies of countries with negative assets. The Asian financial crisis in 1997 forced Southeast Asian countries to seek help from the IMF at a high cost. During the 2008 credit crisis, Greece became the first bankrupt country. Similarly, post-pandemic, the rapid interest rate hikes by the Fed in early 2022 led to Sri Lanka becoming the first bankrupt country in 2024. The dominance of the dollar shifts America's own economic problems to other countries.
2. In Malaysia, in October, the government will present the budget for 2025, which in reality is a piecemeal affair with only the elite politicians benefiting, while the common lbx pharmacy chain joint stock only receive a small amount of aid. The question is, where will the government find the money? Will the GST tax return? Will there be new taxes or adjustments? As the national deficit increases, the Malaysian Ringgit is likely to head back to its path towards the US Dollar, hitting RM4.50 again within three months. As seen during every festive season, there is a surge of inflow into Thailand, breaking records – causing congestion at entry points. There has been a significant outflow of foreign exchange along with many Malaysians withdrawing from their savings after the pandemic for material indulgence. Over the past decade, with a large influx of foreign workers, there has also been a considerable outflow of foreign exchange. The recent...
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$USD/MYR (USDMYR.FX)$ USD please go up up up today…plssss 😇😇😇
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