Posts Tagged ‘Ringgit’

M$ can fall further/ M’sia boleh

In Currencies, Malaysia on 10/10/2015 at 6:30 am

Using REER [real effective exchange rate] calculations which takes into account inflation means M$ could fall by another 32% to 5.59 to the US$.

Actually, this is a lot better than other Asean countries (ex S’pore).

So M’sians shouldn’t blame Rosmah or as she prefers to be know First Lady of M’sia (FLOM) for weak M$.