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its at 3.4 now, will it ever go back to 3.8,
its so unfair.
for so many years it was pegged to the dollar at 3.8, and now
here i am in the US and the ringgit becomes stronger. at least tell me when the slide will stop and at what point.
3.2?
2.8? i hope not.

2007-02-06 15:11:10 · 3 answers · asked by Anonymous in Social Science Economics

3 answers

tomorrow

2007-02-06 19:07:52 · answer #1 · answered by Anonymous · 0 0

it became 3.8 as a results of fact the government.controlled it formerly, yet now no longer anymore. They enable the MYR 'floating' like all different distant places funds and the marketplace will 'make certain' whilst USD excessive against MYR, it relatively is solid for exporter yet very undesirable for importers you sense this unfair as a results of fact you're an 'exporter' 'ideally' it relatively is at 2.5 to be 'honest' for anybody the distant places funds replace is a dynamic element and could in no way end except the government.needs to regulate it. it is going to save floating i do no longer understand what's the government.objective yet regularly they are going to make the MYR even better. better MYR 'shows' stonger financial gadget for the rustic (between the warning signs certainly). it relatively is solid for politicians/government to stand the subsequent wide-unfold election in my view i might say it won't touch 3.6 lower back this year and could improve better a minimum of three.2 in Dec'07. Wanna guess? it relatively is kinda complicated element to describe right here in YA. Pls do a splash diagnosis make your self as much as date generally - newspaper, television, internet solid success -edit- anomaly, in case you earn MYR and paying in USD for the college fee, you have to be proud of this progression (better MYR) as you're paying much less. you're an 'importer', my chum

2016-12-17 11:05:17 · answer #2 · answered by ? 4 · 0 0

Here in America we got something called the MegaMillions lottery. Since you're demanding someone predict the future for you, hows about you tell me the winning lottery numbers for this weekend.

2007-02-06 16:11:12 · answer #3 · answered by KevinStud99 6 · 0 0

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