@@holdthel1n331 Orang Malaysia (bukan Melayu sahaja) cepat lupa, parti yang paling banyak kerusi adalah PAS.... bolehkah 4.5 tahun memperbaiki papan yang reput selama 50 tahun?
Prediction of sgd - myr of 2.9 is very very reasonable by year end. This is because besides strong Malaysia economic fundamentals, US is almost quite certain to cut interest rates by at least 1% by year end. No brainer.
@@lollipolli73Mate, there are 34mil ppl in Malaysia. Max 1+ mil are in sg thats just 2%. The rest 33mil are living normally and some happily. Dont generalize. Malaysia has its perks. Those who work there in sg are either underachiever, desperate or brainwashed. Tq.
Singaporean treated malaysian graduates as cleaners and dishwashers in sg. Hopefully, all malaysian get jobs in malaysia with a better salary. Sg people will work as cleaner and dishwasher in malaysia soon
yup can comformed as one of my cousin worked there as cleaner and happily gets 4x better salary than delivery here, new car and new wife sincefirst one broke. im salty
"Malaysia doing well will also help Singapore doing well" as a Malaysian thats what I also wish for other Asean countries, good business for them also good business for us. Lets rise together
The MYR has underperformed for a long time. Its time for it be at the right value & with more right policies, it will strengthen further. I would not be surprised if it even breaches 2.90 next year
I think if malaysia riggit strengthen to 2.5 , it will give positive impact toward average singaporean because they can have house for far more affordable price than today. Also it will be less crowded as more malaysian will working more in malaysia for cheaper rent and affordable living cost. It's a win2 for both of us.
Alhamdulillah.... It's not just a dream cause tomorrow begins today... Tq YDPA who appointed PMX as a PM... tq PMX and the teams... And Congrats to all Malaysian for believing...
@@mdfzlypalypopai6226depend on the price index in Malaysia...we know that price to price in local unit, things are also pricier especially in Kuala Lumpur area and other major cities (rent,food, groceries etc), although Singapore is generally the most expensive, but at least common food and basic groceries around housing area are not that expensive thanks to cheaper imports from Malaysia... back to the currency rate, if somehow Ringgit successfully did some magical tricks and pull SGD down to below 2.30 under, I feel lesser Malaysian will cross the causeway... just my 2 cents
When Malaysian back to MY, property and rental in SG will collapse. Basically SG economic is supported by, 1) Strong SGD (headging the USD) 2) Talented working people (above 50% from MY) 3) Stable Gomen (1 party dominant)
When its SgD1 : RM2.6 its a high probability for company in Singapore will suffering because they need to increase the Malaysians worker salary & benefit proportionally or otherwise they will losing them or as an alternative get more Philipines & Indonesia or India coming in.
There were 2 notable pts: a) 2.9-3.1 pt and b) 2.4-2.6 pt. I personally was surprised when Malaysian Ringgit dropped to 3.4-3.6 : 1. Right now it is trying to get back to Pt-a which is the exchange rate before the pandemic. I would not be surprised if it happens. But I doubt it would get back to pt-b (around 2.5:1) level.
Prediction of sgd - myr of 2.9 is very very reasonable by year end. This is because besides strong Malaysia economic fundamentals, US is almost quite certain to cut interest rates by at least 1% by year end.
😊 when Malaysia cut half the OPR its gonna be very healthy economy for Malaysia. If SgD1:RM2.8 and USD1:RM3.8 achieve before the reducing of the OPR its gonna be a boom economic again for Malaysia. Crossing my Finger on this 😊
CONGRATULATIONS PM ANWAR .MALAYSIA BOLEH . Hope that RM will be par with SGD so that all are equal or else local have same salaries but Singaporean are of disadvantaged in terms of currency exchange. It also to show that Malaysia Boleh if their currency are strong . Stronger in the sense to stop Singaporean from comparing that Malaysia are so backwards than " how lian " Singaporean .Also those Malaysians working here also " how lian " they charged higher on work so they can go back build big houses but Singaporean are struggling to pay our small cramped h d b units.
It's nothing unusual to have RM strong. If you look at history, since independence, RM has been strong 80% of the time since the 60's. Not including the 60's where SGD was weaker than RM, SGD -> RM was about 2 - 2.2 on average.
Actually, msia has strong fundamentals,rich natural resources and skill workers .if the govt policies are in right track, politicians really do their work ,good governance, debts in control.,the rm should be at par with SGD.& BD in future
@@cherrysimon the good old days when malaysians say......chip...chip...chip......cheeeeeeeap. who screw up hah? Izzit dr mahathir bin mohamad?????? Hahahahaha......that yindian. Then crt tv.....cheap......duty free some more. Like penang in the 60s
Ringgit is only moving back to its pre-existing value. As a Malaysian, I feel that there is nothing to cheer. I still recall the time when 1 SGD was equivalent to only 1.7 to 2 MYR and when MYR50 could can you a load of grocery stuff from a supermarket.
USD1:RM3.80 real value vs SGD1:RM2.4 can be achive with less implications on export import. With the BRICS alliance its can be better even RM stronger than the real value above. 😊
I understand that many Singaporeans may not agree with my perspective, but I believe it’s worth sharing. It’s challenging to make predictions, especially considering the strength of the Malaysian economy and the positive reports coming in. I foresee a bullish trend continuing until 2027. My projections are that by the end of 2024, the value will be RM2.80; by the end of 2025, RM2.60; by the end of 2026, RM2.50; and by the end of 2027, RM2.45. I anticipate that this viewpoint may draw criticism from Singaporean viewers-just sharing my honest thoughts.
Too fast.......3.2 by year end. Then maintain parity at 3 after 3 to 5 years later. My char koay teow should forever maintain 10 ringgit. If go down lagi better
It's nothing unusual to have RM strong. If you look at history, since independence, RM has been strong 80% of the time since the 60's. Not including the 60's where SGD was weaker than RM, SGD -> RM was about 2 - 2.2 on average.
People fail to understand, Sing dollars are pegged or close to that to a basket of currencies, with US dollars being heavily weighted. If dedolarization happens, Sing dollar will follow. So it os not just Singapore’s fundamentals; and watch out for BRICs
Good. I stayed in JB 1980 & it was RM1=S$1, Nostalgia. Now we are too far behind, but thank that we are ahead when compared to Indon, kemboja, laos etc...😮
❤❤❤ One of the best though unconventional way to estimate the value of a country's currency is to look at the Purchasing Power Parity GDP (PPP GDP) when compared to the rudimentary Nominal GDP. Malaysia's PPP GDP according to the IMF is USD $1.307 Trillion while the nominal GDP is only a miserable USD $407 Billion. This strongly suggests that Malaysia's Ringgit is grossly undervalued. And for the past few years I have been telling everybody that the Ringgit will go up against the USD. Since we are using the USD as the reference baseline, the PPP GDP and the Nominal GDP of the USA is the same i.e. $28 Trillion and the ratio PPP GDP /Nominal GDP is 1.0 ... So for any other currency with a ratio of the PPPGDP/Nominal GDP that is greater than 1.0 will suggest that the currency is undervalued and if less than 1.0 means that the currency is overvalued as compared to the USD$.
@@Hasanaljadid it would be more than 446 billion as we speak since the GDP components of Consumption of Goods/Service and Government Spending are domestic transactions and denominated in RM. And with the exchange rate of the RM to US Dollars at its peak, this converts to a higher GDP Nominal as quoted in US Dollars.
Fair value is 1sgd=rm2.5....all this while ringgit has been undervalued....and sgd overvalued.....so no surprise ringgit to be back to 2.5 level...maybe next 2 years
US 35 Trillion debt with 1 Trillion every 100 day then dollar soon dethroned by Brics in October. Then dollar would collapse to the effect that all bet is off, then 1 is to 1 for some countries to reset or chaos is the result.
I hope Malaysian Ringgit strengthen but not too quickly because it will collapse our export and it drops quickly to 1 SG - RM 2, the Singapore market will also collapse as many Malaysian who work in SG will be hurt extremely by it. But i hope it will strengthen to RM 2 to 1 SG by at consistent rate
10 years ago as a hk person, ringgit was 1 myr to 2.5 hkd in 2013. and then drop to 1.6x early this year. and now it is back to 1.88 only. if the 1 usd to myr is 3.55 , then it means that to hkd will be going back to 1 ringgit to hkd 2.2 , as the peg is around 7.8 hkd to 1 usd
Even if RM1 =S$1, back in cities like KL and Kuching 1 bowl of noodle will be still the same price as now RM7- Rm8. Only the importers make money from the stronger RM. The consumers are losers. The Ministry in charge should make sure food is down accordingly. Immigration should make tax adjustment on imported items
If Anwar loses power, especially from non-bumi, ringgit will fall again. Anwar is a brilliant finance minister and leader in the past and now. However he has little support from Malays. He became PM by coalition and strong support from non-Malay.
It is important to factor in that Malaysia is transitioning from an upper middle income country to high income country. Especially with their massive investment in climbing up the value chain of semiconductors and electronics,they clearly want to retain a stronger ringgit
While the SGD may show resilience, the MYR's performance could be more variable depending on external factors. MYR is more susceptible to global factors as they are a major exporter of oil and other commodities whereas SGD is basically trade and financing driven. However, so far MYR has attracted huge amount of investments and is poised to become a global manufacturing engine for the tech and transportation industries. Malaysia is one of the top 2 most important partners of China's OBOR. The infrastucral transformation that has been going on in Malaysia is massive and is already there. There are important reforms in government, education, trade, tourism, etc that is underway. I urge those who are still unaware of these things to take a real look. I can only say that all these positive things happening will be significant to the MYR in the next 12 - 24 months.
Keep it up cause Malaysian economy hv been down more than 10 year and due to our weak currency we hv been look down for so many year.Anwar keep it up we hv been suffer enough
With further cuts in US interest rates in the near future n good economic growth, lower inflation n unemployment etc these critical factors will drive Ringgit n other currencies stronger Hopefully Ringgit can target below 4 lvl
it taking years ,coming back to geylang, sentosa and so on. dulu masih ingat 1 dollar : 2.4 , makan nasi di geylang , bugis tak rasa mahal .. if this happen today , travel to bugis will be like going to eco shop at 2.40 ringgit only
IF you ever see or read any Negative comments about Malaysia here in UA-cam about Malaysia, PLEASE PLEASE know these people are Ex Malaysians. TRUE Singaporeans Don't comment negatively about others. Maybe we recommend what positive strategies you can work on but never to swear and curse at anybody.
Knowing Malaysia and their politics, I wouldn’t count on that. They are so prone to self destruct and going back on their words. Prime minister can change anytime if the conservatives are not happy with his policies and or deemed to be anti-bumiputra
This, perhaps due to my background working within the construction sites mostly so my samples are mostly gained from the general workers, technicians and surprisingly some engineers. Well the general consensus is from my experience that most labour workers tend to lean on the very conservative sides and it is quite concerning to hear them keep voicing out how much they hated the current government only because Anwar is, Anwar. DAP is DAP. Currency going well but the cost of living is the same. To summarise it seems malaysian doesnt have issues with following politics, but more so an issue with understanding on how to approach political discussion or perceive politics, which is why I believe political instability will be an issue for quite a long time for Malaysia. If we were to assume that is how the majority of netizens are thinking then perhaps things dont look too good for the current government in the next election, which of course raised questions of how much longer can ringgit retain this upward trajectory.
That is the old saying.. I am guarantee you its not as it is now. Malaysians are less concern on anything rather than the economy and personal wealth now. They might talk about races, religion etc.. But the priority are bigger than that, the country properties. I will never again underestimate my fellow Malaysians intelligent on decision making now..
@@Foxmotion i am an engineer too and i am agree we always "taljing cock" and trash talking all the times but its to killed the times.. Votes are secret opinions are open free.. sometimes its just to taste the weather to listen to someone opinions etc..
If Rm were to appreciate too much it is very hard for their exporter which is majority of their business. So likely their interest will drop to balance the strength of their currency.
Institutions and businesses in Singapore are locking up at least 3 years supply of Ringgit after noticing the shift of international trades transacted in local currencies moving away from US and Singapore dollars. Trade surplus and outflows have been more in Malaysia's favour that caused Ringgit's strengthening and speculation that it may persists or stabilize at higher exchange rates has prompted urgent acquisitions
Thanks for the info sharing. Rising ringgit suppose to be a good thing but not everyone feel so😢 Im heavily invested in US stock during the strong USD. Even though the stocks have gone up but somehow contra by the down USD. Any insight or advice. Thanks🙏
Fed rate cut is not the only tailwind. If in two years time, we are able to see the economic transformation (further subsidies removal, strong governance, economic boom, political stability and etc), then i dont think MYR will reverse at 2.9. Rather, there is a not low possibility that it could even gear towards 2.5 in 10 years time. This optimistic forecast is very much contingent upon viability of Anwar admin to govern for another 10 yrs.
Many moons ago was 1:00 to 1:00. Malaysia have many resources. Malaysia needs to improve on its external debts and have political stability. Err.......how about targeting 1SGD equals RM 1.80 in the next 2-3yrs
Ringgit will hit 1USD to ~3.5MYR in 2025. I’m not optimistic, eventhough I’m a Malaysian I think it’s bad to me personally because I hold US stocks. Plus, Malaysian exports will also be less competitive with the rising Ringgit.
My take is, in the end rm would be settled at rm3.0 to 1 usd n rm2.5 to 1 sgd in 2025 no matter what the people says judging that msia is moving to high tech investments keep on pouring into msia in 5 yrs time😊
Theres 2 sides to everything. Fewer Sporeans may go over to Msia thus slightly boosting the Spore economy. Msians who previously avoid or spend less in Spore may be inclined to spend more there. Lastly, the rise of the RM is due mainly to external factors and not Msia's own efforts. The RM did appreciate for a short while when Anwar was announced as d PM. Shortly after, it was also during his tenure that d RM also experienced the worst decline in history. He is a good PM though. Problem is many unseen hands are working against him to bring him down bcos their gravy train has dried up. Msia is mainly an exporter. A strong RM may actually work against her.
Not true, MYR significantly appreciate against every single currency not just USD which means strong economic fundamentals is the most significant factor.
Just maintain lor.......like what it used to be during breton wood days till nixon announced his shocking moves. Still usa has the largest gold reserve
@@leealex24 😂, stupak Alex still dreaming. It’s like comparing USA vs Mexico. Malaysia is a developing country. We are not in the same league. Kampong boy.
@sart3735 Malaysia GDP per capita (USD) is already US$14,000 and that's not even urban areas which is much much higher. You're the one dreaming. Guys, forgive sart3735, he's ignorant and a bit dumb. Btw, how was your dream? MYR -> SGD rise 7% already. More coming. Please don't insult the intelligence of the people here, you will bring down 80% of the iq of the people here. I pity your IQ is only 30, sorry for you.
@@sart3735 You're the one dreaming. Malaysia GDP per capita (US$) already US$14,000 and approx double if in urban areas. SART3735, please don't bring down the IQ of the people here. We totally understand your IQ is only 30, deeply sorry for you. Moreover, myr already rise 7% against SGD. More coming. Please grow up okay. The kindergarden won't accept you anymore.
C'mon MY keep rising the currency from now on... it has been long time Malaysia currency in low rate , is time to shine again to be on par with SGD and AUD included USD too...
Strengthen RM may not necessary good for Malaysian economy particularly it would weaken your exports, foreign investment and tourism. Import can be big advantage if only Malaysia has big trade surplus on imports. Singaporean maybe can look for Thailand or Bali to retire already.
I think it is not that easy.... The Singapore government can control the flow of Sing dollars. If the ringgit strengthens against SGD, the government can reduce SGD money supply to stay at the strong side.
The sounds of birds “cheap-ing” may not be over ever cuz regardless of it going 2.8 or 3.5, I suppose goods are still cheaper (just depends on what margin) as compared to SG… :)
It's nothing unusual to have RM strong. If you look at history, since independence, RM has been strong 80% of the time since the 60's. Not including the 60's where SGD was weaker than RM, SGD -> RM was about 2 - 2.2 on average.
Well done government in Msia. It will be less attractive to cross over. Every $100 sgd we lose $7> , continue going to Msia to enjoy don't think too much
Malaysia Federation has 9 Kingdoms, 2 Bali- Style States and 2 Borneo Autonomy Republics. Other that PAS leading 4-Islamic Kingdoms. Others are done well in business strategies cooperation with, CPTTP, RCEP and BRICS 2025. The 325 International Conventions in KL 2025 with flying colors. With Msia Agong went China to do business with Xi JIPing last month, 2025-2029 is good.
The 9 kingdoms, yes. But none of the other 4 states are true republics in that sense as their respective Yang di-Pertua Negeris (or Governors) are representatives of the Yang di-Pertuan Agong, the Supreme Head of State of Malaysia for their respective states, and are appointed by His Majesty to serve renewable four-year terms. This constitutional arrangement is identical to the constitutional monarchies within the Commonwealth states of Australia, New Zealand and Canada.
When the ringgit strengthen, so will Anwar Administration. If he is able to win the next election, there will be continuality.
Tourists will slowly go to Thailand!..
. . . is the word `continuity ' ?
oops . you were right . 2 different functions in a common word . stand corrected . 😔
WOW ❤❤❤
Yes hidup PH🚩🚩🚩🚩
Hope it continues to strengthen against the SGD! Sporeans have been so Hao Lian abt the strong dollar.. Let Malaysians shine now la. :)
3 month trend vs 50 year trend 😂.
when a team has been losing for 50 years, a 3 mth win feels like heaven 😂
@@ocswoodlands 3mth? i think is a start of it........
@@holdthel1n331 Orang Malaysia (bukan Melayu sahaja) cepat lupa, parti yang paling banyak kerusi adalah PAS....
bolehkah 4.5 tahun memperbaiki papan yang reput selama 50 tahun?
Prediction of sgd - myr of 2.9 is very very reasonable by year end. This is because besides strong Malaysia economic fundamentals, US is almost quite certain to cut interest rates by at least 1% by year end. No brainer.
@@lollipolli73Mate, there are 34mil ppl in Malaysia. Max 1+ mil are in sg thats just 2%. The rest 33mil are living normally and some happily. Dont generalize. Malaysia has its perks. Those who work there in sg are either underachiever, desperate or brainwashed. Tq.
Congratulations 🎉🎉🎉Malaysia economy!
Singaporean treated malaysian graduates as cleaners and dishwashers in sg. Hopefully, all malaysian get jobs in malaysia with a better salary. Sg people will work as cleaner and dishwasher in malaysia soon
yup can comformed as one of my cousin worked there as cleaner and happily gets 4x better salary than delivery here, new car and new wife sincefirst one broke. im salty
@gofigureYT no worries, Singaporean will come to work as cleaner in malaysia soon. Times and destiny will change.
We are happy they go back, less Malaysians in Sg. Btw, it is more like Malaysian working in Sg as cleaners make more money than your fresh grads. 😂
Sad reality
It's okay for some people to do simple easy job for high paid salary.
Wonderful. Congratulations to my Mslaysian friends!
Congrats 🎉🎉
Thank you lady !!👌
PM Anwar ❤❤❤❤❤
Congrats pmx❤❤❤
@@LimbanJelumiOur PMX ❤❤
"Malaysia doing well will also help Singapore doing well" as a Malaysian thats what I also wish for other Asean countries, good business for them also good business for us. Lets rise together
Really? If 1sg = 1myr we'll see what happens then
Singaporeans enjoyed enough already lah. Time for locals to enjoy it
All the best for SG and Malaysia.. After all we are supporting and required each other in many sector
on positive note, custom will be less crowded.
no it will be not. malaysian will go to thailand even more. custom still continue having same problems
The MYR has underperformed for a long time. Its time for it be at the right value & with more right policies, it will strengthen further. I would not be surprised if it even breaches 2.90 next year
I think if malaysia riggit strengthen to 2.5 , it will give positive impact toward average singaporean because they can have house for far more affordable price than today. Also it will be less crowded as more malaysian will working more in malaysia for cheaper rent and affordable living cost. It's a win2 for both of us.
Alhamdulillah.... It's not just a dream cause tomorrow begins today... Tq YDPA who appointed PMX as a PM... tq PMX and the teams... And Congrats to all Malaysian for believing...
We hope The Ringgit The Strongest Forever❤🎉🎉🎉
1USD=1MYR❤🎉👍✌️🎉🎉
No bro.. 1myr=1usd the usd be less purchase in Malaysia.. lowest i know 1usd = 2.4Myr
Good time to exchange your RM to USD now.
Wow! Then Ringgit can replace USD as the world reserve currency!
@@KhaiFirstif 1 usd =2.5 RM...it ok... ❤❤
Bmw 320i will cost only under rm150k if 1usd= rm2.5
Malaysians working in Singapore cry..😢 Their take home pay down when coverted back to their Malaysian Ringgit.
In future singapore will be less crowded except only holidays..people start working back in msia..
No la... Sgd most higher currencies on the region!! Even 2.0-2.5 still worth it working there!!
@@mdfzlypalypopai6226depend on the price index in Malaysia...we know that price to price in local unit, things are also pricier especially in Kuala Lumpur area and other major cities (rent,food, groceries etc), although Singapore is generally the most expensive, but at least common food and basic groceries around housing area are not that expensive thanks to cheaper imports from Malaysia...
back to the currency rate, if somehow Ringgit successfully did some magical tricks and pull SGD down to below 2.30 under, I feel lesser Malaysian will cross the causeway...
just my 2 cents
When Malaysian back to MY, property and rental in SG will collapse.
Basically SG economic is supported by,
1) Strong SGD (headging the USD)
2) Talented working people (above 50% from MY)
3) Stable Gomen (1 party dominant)
When its SgD1 : RM2.6 its a high probability for company in Singapore will suffering because they need to increase the Malaysians worker salary & benefit proportionally or otherwise they will losing them or as an alternative get more Philipines & Indonesia or India coming in.
Malaysian working in singapore buy expensive properties in johor sure jialat.
More interest cut from Fed is expected, I think the property market will stay hot for the next few years in Singapore and Johor.
will malaysians working in singapore take the plunge and bet on jb property market? if ringgit strengthen it will take more to buy a house in jb.
There were 2 notable pts: a) 2.9-3.1 pt and b) 2.4-2.6 pt. I personally was surprised when Malaysian Ringgit dropped to 3.4-3.6 : 1. Right now it is trying to get back to Pt-a which is the exchange rate before the pandemic. I would not be surprised if it happens. But I doubt it would get back to pt-b (around 2.5:1) level.
Support local businesses! There’s lesser incentive to go over Malaysia.
I have not step inside Malaysia for about 20 years even though I have a car
Prediction of sgd - myr of 2.9 is very very reasonable by year end. This is because besides strong Malaysia economic fundamentals, US is almost quite certain to cut interest rates by at least 1% by year end.
Ok, go first
😊 when Malaysia cut half the OPR its gonna be very healthy economy for Malaysia. If SgD1:RM2.8 and USD1:RM3.8 achieve before the reducing of the OPR its gonna be a boom economic again for Malaysia. Crossing my Finger on this 😊
@@alleymittanderson5799 No reason to cut OPR for Malaysia in the next 1+ years. BNM will 200% probability to keep the same level until 2025
CONGRATULATIONS PM ANWAR .MALAYSIA BOLEH .
Hope that RM will be par with SGD so that all are equal or else local have same salaries but Singaporean are of disadvantaged in terms of currency exchange. It also to show that Malaysia Boleh if their currency are strong . Stronger in the sense to stop Singaporean from comparing that Malaysia are so backwards than " how lian " Singaporean .Also those Malaysians working here also " how lian " they charged higher on work so they can go back build big houses but Singaporean are struggling to pay our small cramped h d b units.
It's nothing unusual to have RM strong. If you look at history, since independence, RM has been strong 80% of the time since the 60's. Not including the 60's where SGD was weaker than RM, SGD -> RM was about 2 - 2.2 on average.
Actually, msia has strong fundamentals,rich natural resources and skill workers .if the govt policies are in right track, politicians really do their work ,good governance, debts in control.,the rm should be at par with SGD.& BD in future
not really backwards, in facts quite modern especially if we look at Kuala Lumpur area...
Yes.. it could be on par but still a long way to go for ringgit..
@@rafizibrahim1299 skilled workers? Tradesmen I agree.
Malaysia is becoming stronger under Anwar care
?
Exactly 👍
Possible RM1:S$1 in next 5 to 10 years.
@@sootuckchoong7077 no...
Under USD interest effect la...stupid
Even at 2.90 is a good price for Singaporean. I remember it was 2.00 then.
Congrats 🎉🎉
What la! I even remember m$1 = s$1......what are u smoking? Last time we use m$ not rm ok
I remember when it was 1 SGD = MYR 1.1
@@cherrysimon the good old days when malaysians say......chip...chip...chip......cheeeeeeeap. who screw up hah? Izzit dr mahathir bin mohamad?????? Hahahahaha......that yindian. Then crt tv.....cheap......duty free some more. Like penang in the 60s
@@cherrysimon m$ okay......not that lousy rm
Banyak konten corector luar negara membahas berkenaan ringgit Malaysia.ia npk bagus
Ringgit is only moving back to its pre-existing value. As a Malaysian, I feel that there is nothing to cheer. I still recall the time when 1 SGD was equivalent to only 1.7 to 2 MYR and when MYR50 could can you a load of grocery stuff from a supermarket.
1.7 is 20 years ago have you factor in 4% inflation per year?
@@WSup1234 by the same token, 50 SGD can buy more grocery than 50 MYR regardless of inflation
@@kenken3000 same can be said that EUR 50 can buy more thing than SGD 50
USD1:RM3.80 real value vs SGD1:RM2.4 can be achive with less implications on export import. With the BRICS alliance its can be better even RM stronger than the real value above. 😊
I understand that many Singaporeans may not agree with my perspective, but I believe it’s worth sharing. It’s challenging to make predictions, especially considering the strength of the Malaysian economy and the positive reports coming in. I foresee a bullish trend continuing until 2027. My projections are that by the end of 2024, the value will be RM2.80; by the end of 2025, RM2.60; by the end of 2026, RM2.50; and by the end of 2027, RM2.45. I anticipate that this viewpoint may draw criticism from Singaporean viewers-just sharing my honest thoughts.
Too fast.......3.2 by year end. Then maintain parity at 3 after 3 to 5 years later. My char koay teow should forever maintain 10 ringgit. If go down lagi better
It's nothing unusual to have RM strong. If you look at history, since independence, RM has been strong 80% of the time since the 60's. Not including the 60's where SGD was weaker than RM, SGD -> RM was about 2 - 2.2 on average.
Close prediction. BMI-Fitch Solutions predicts
2024 = USD1:RM4
2025 = USD1:RM3.55
ZERO chance.
sounds quite funny but if truly going to happen then I will get dazed 😐
People fail to understand, Sing dollars are pegged or close to that to a basket of currencies, with US dollars being heavily weighted. If dedolarization happens, Sing dollar will follow. So it os not just Singapore’s fundamentals; and watch out for BRICs
It is Soft pegged but The monetary authority of Singapore can titeten monetary policy
God wills.. proud to be Malaysian. I believe that Malaysia's Cabinet team is the best and strongest in terms of economic dominance...
Good. I stayed in JB 1980 & it was RM1=S$1, Nostalgia. Now we are too far behind, but thank that we are ahead when compared to Indon, kemboja, laos etc...😮
❤❤❤ One of the best though unconventional way to estimate the value of a country's currency is to look at the Purchasing Power Parity GDP (PPP GDP) when compared to the rudimentary Nominal GDP.
Malaysia's PPP GDP according to the IMF is USD $1.307 Trillion while the nominal GDP is only a miserable USD $407 Billion. This strongly suggests that Malaysia's Ringgit is grossly undervalued. And for the past few years I have been telling everybody that the Ringgit will go up against the USD.
Since we are using the USD as the reference baseline, the PPP GDP and the Nominal GDP of the USA is the same i.e. $28 Trillion and the ratio PPP GDP /Nominal GDP is 1.0 ...
So for any other currency with a ratio of the PPPGDP/Nominal GDP that is greater than 1.0 will suggest that the currency is undervalued and if less than 1.0 means that the currency is overvalued as compared to the USD$.
Malaysia nominal GDP is About 446 billion
@@Hasanaljadid it would be more than 446 billion as we speak since the GDP components of Consumption of Goods/Service and Government Spending are domestic transactions and denominated in RM. And with the exchange rate of the RM to US Dollars at its peak, this converts to a higher GDP Nominal as quoted in US Dollars.
Importer benefit, but don't expect their living expenses, food prices to drop. Those prices will remain the same.
Then what........😂😂😂😂😂😂
@@TimLoo-w4u Then congrats to them, but don't be so happy yet lor. Because as usual those living expenses prices goes up, will never come down.
Fair value is 1sgd=rm2.5....all this while ringgit has been undervalued....and sgd overvalued.....so no surprise ringgit to be back to 2.5 level...maybe next 2 years
Still miss rm1= 1sgd in early 1980s
I know that riggit is undervalue but where is the report about sgd being overvalue?
US 35 Trillion debt with 1 Trillion every 100 day then dollar soon dethroned by Brics in October. Then dollar would collapse to the effect that all bet is off, then 1 is to 1 for some countries to reset or chaos is the result.
There's why our border dekat hadyai kena rush by Malaysian shoppers.. rm dah tinggi..enjoy shopping
I hope Malaysian Ringgit strengthen but not too quickly because it will collapse our export and it drops quickly to 1 SG - RM 2, the Singapore market will also collapse as many Malaysian who work in SG will be hurt extremely by it. But i hope it will strengthen to RM 2 to 1 SG by at consistent rate
10 years ago as a hk person, ringgit was 1 myr to 2.5 hkd in 2013. and then drop to 1.6x early this year. and now it is back to 1.88 only. if the 1 usd to myr is 3.55 , then it means that to hkd will be going back to 1 ringgit to hkd 2.2 , as the peg is around 7.8 hkd to 1 usd
Hopefully RM Same as Singapore one day 😊🎉
😂😂
Even if RM1 =S$1, back in cities like KL and Kuching 1 bowl of noodle will be still the same price as now RM7- Rm8. Only the importers make money from the stronger RM. The consumers are losers. The Ministry in charge should make sure food is down accordingly. Immigration should make tax adjustment on imported items
If Anwar loses power, especially from non-bumi, ringgit will fall again. Anwar is a brilliant finance minister and leader in the past and now. However he has little support from Malays. He became PM by coalition and strong support from non-Malay.
Yes i agree with this statement, Anwar + JB sultan are smart
Bumi don't like he speaks English too much
malay is the majority. If anwar loses malay vote he will fall. chinese only 22% of the population
It is more complex than this simple formula.
He is likely to last for 2 terms. By then a lot would have changed in Msia.
Sabah and Sarawak parties are strongly behind Anwar so Anwar will finish his job until the next election in 2026
Just imagining RM strengthen and do remember prices in Malaysia also going up so no longer cheap compared to last time
What if my char koay teow raise to 15rm. Then how
It is important to factor in that Malaysia is transitioning from an upper middle income country to high income country. Especially with their massive investment in climbing up the value chain of semiconductors and electronics,they clearly want to retain a stronger ringgit
Correct move by PM of Malaysia. Congratulations.
The Ringgit will strengthen more when petrol subsidy rationalisation is implemented possibly in Oct. But would the Rakyat be happy? I doubt so.
While the SGD may show resilience, the MYR's performance could be more variable depending on external factors. MYR is more susceptible to global factors as they are a major exporter of oil and other commodities whereas SGD is basically trade and financing driven. However, so far MYR has attracted huge amount of investments and is poised to become a global manufacturing engine for the tech and transportation industries. Malaysia is one of the top 2 most important partners of China's OBOR. The infrastucral transformation that has been going on in Malaysia is massive and is already there. There are important reforms in government, education, trade, tourism, etc that is underway. I urge those who are still unaware of these things to take a real look. I can only say that all these positive things happening will be significant to the MYR in the next 12 - 24 months.
Keep it up cause Malaysian economy hv been down more than 10 year and due to our weak currency we hv been look down for so many year.Anwar keep it up we hv been suffer enough
It also depend on how long we can hold/ maintain our OPR. BNM will under pressure to cut opr since improving economy and reducing infation.
No concern .. as Malaysian we are very happy. We want it to drop to 3.80 and below
With further cuts in US interest rates in the near future n good economic growth, lower inflation n unemployment etc these critical factors will drive Ringgit n other currencies stronger Hopefully Ringgit can target below 4 lvl
it taking years ,coming back to geylang, sentosa and so on. dulu masih ingat 1 dollar : 2.4 , makan nasi di geylang , bugis tak rasa mahal .. if this happen today , travel to bugis will be like going to eco shop at 2.40 ringgit only
IF you ever see or read any Negative comments about Malaysia here in UA-cam about Malaysia, PLEASE PLEASE know these people are Ex Malaysians. TRUE Singaporeans Don't comment negatively about others. Maybe we recommend what positive strategies you can work on but never to swear and curse at anybody.
Great ! ! ! Let us make Malaysia Great again. No.1 in Asean. ❤❤❤❤❤ God bless Malaysia.
Knowing Malaysia and their politics, I wouldn’t count on that. They are so prone to self destruct and going back on their words. Prime minister can change anytime if the conservatives are not happy with his policies and or deemed to be anti-bumiputra
Always pray for the best
This, perhaps due to my background working within the construction sites mostly so my samples are mostly gained from the general workers, technicians and surprisingly some engineers. Well the general consensus is from my experience that most labour workers tend to lean on the very conservative sides and it is quite concerning to hear them keep voicing out how much they hated the current government only because Anwar is, Anwar. DAP is DAP. Currency going well but the cost of living is the same.
To summarise it seems malaysian doesnt have issues with following politics, but more so an issue with understanding on how to approach political discussion or perceive politics, which is why I believe political instability will be an issue for quite a long time for Malaysia.
If we were to assume that is how the majority of netizens are thinking then perhaps things dont look too good for the current government in the next election, which of course raised questions of how much longer can ringgit retain this upward trajectory.
That's old saying 😂
That is the old saying.. I am guarantee you its not as it is now. Malaysians are less concern on anything rather than the economy and personal wealth now. They might talk about races, religion etc.. But the priority are bigger than that, the country properties. I will never again underestimate my fellow Malaysians intelligent on decision making now..
@@Foxmotion i am an engineer too and i am agree we always "taljing cock" and trash talking all the times but its to killed the times.. Votes are secret opinions are open free.. sometimes its just to taste the weather to listen to someone opinions etc..
If Rm were to appreciate too much it is very hard for their exporter which is majority of their business. So likely their interest will drop to balance the strength of their currency.
Fair pt. But, rm is just going to its fair value not overvalued. In as recent as 2012, USD -> MYR was 3.2
Cheaper SGD will ease traffic jam in causeway. It will also make Singaporeans less stressful.
Still some Singaporeans will pump Ron95 in Malaysia even at 2.90
Those are the thick skinned one 😂
Crazy fact
Singapore registered cars aren’t allowed to pump RON 95. If caught will be fined heavily.
Maybe can allow them pumping petrol if they show 3 day hotel stay. Just a flicker crossed don’t take serious.
😂😂😂
Institutions and businesses in Singapore are locking up at least 3 years supply of Ringgit after noticing the shift of international trades transacted in local currencies moving away from US and Singapore dollars. Trade surplus and outflows have been more in Malaysia's favour that caused Ringgit's strengthening and speculation that it may persists or stabilize at higher exchange rates has prompted urgent acquisitions
Its true, the Malaysian government is improving compared to the headless Singaporean government who are clueless and inept.
Thanks for the info sharing. Rising ringgit suppose to be a good thing but not everyone feel so😢 Im heavily invested in US stock during the strong USD. Even though the stocks have gone up but somehow contra by the down USD. Any insight or advice. Thanks🙏
Fed rate cut is not the only tailwind. If in two years time, we are able to see the economic transformation (further subsidies removal, strong governance, economic boom, political stability and etc), then i dont think MYR will reverse at 2.9. Rather, there is a not low possibility that it could even gear towards 2.5 in 10 years time. This optimistic forecast is very much contingent upon viability of Anwar admin to govern for another 10 yrs.
POWER!
Many moons ago was 1:00 to 1:00. Malaysia have many resources. Malaysia needs to improve on its external debts and have political stability. Err.......how about targeting 1SGD equals RM 1.80 in the next 2-3yrs
Think positively, even 2.9 rate is still good to spend in Malaysia.
Convert while going is good as medium term will reverse. Take opportunity to buy any foreign currency
Ringgit will hit 1USD to ~3.5MYR in 2025. I’m not optimistic, eventhough I’m a Malaysian I think it’s bad to me personally because I hold US stocks. Plus, Malaysian exports will also be less competitive with the rising Ringgit.
Can the Ringgit sustain and maintain until RM 22.90 or below! I hope so good for Malaysia!!!!!!!
My take is, in the end rm would be settled at rm3.0 to 1 usd n rm2.5 to 1 sgd in 2025 no matter what the people says judging that msia is moving to high tech investments keep on pouring into msia in 5 yrs time😊
With Anwar as PM the ringgit cannot rise forever. Will only go down
What goes up will come down.
What goes down will go up.
Theres 2 sides to everything. Fewer Sporeans may go over to Msia thus slightly boosting the Spore economy. Msians who previously avoid or spend less in Spore may be inclined to spend more there. Lastly, the rise of the RM is due mainly to external factors and not Msia's own efforts. The RM did appreciate for a short while when Anwar was announced as d PM. Shortly after, it was also during his tenure that d RM also experienced the worst decline in history. He is a good PM though. Problem is many unseen hands are working against him to bring him down bcos their gravy train has dried up. Msia is mainly an exporter. A strong RM may actually work against her.
Not true, MYR significantly appreciate against every single currency not just USD which means strong economic fundamentals is the most significant factor.
Just maintain lor.......like what it used to be during breton wood days till nixon announced his shocking moves. Still usa has the largest gold reserve
@@leealex24 😂, stupak Alex still dreaming. It’s like comparing USA vs Mexico. Malaysia is a developing country. We are not in the same league. Kampong boy.
@sart3735 Malaysia GDP per capita (USD) is already US$14,000 and that's not even urban areas which is much much higher. You're the one dreaming.
Guys, forgive sart3735, he's ignorant and a bit dumb. Btw, how was your dream? MYR -> SGD rise 7% already. More coming. Please don't insult the intelligence of the people here, you will bring down 80% of the iq of the people here. I pity your IQ is only 30, sorry for you.
@@sart3735 You're the one dreaming. Malaysia GDP per capita (US$) already US$14,000 and approx double if in urban areas. SART3735, please don't bring down the IQ of the people here. We totally understand your IQ is only 30, deeply sorry for you.
Moreover, myr already rise 7% against SGD. More coming. Please grow up okay. The kindergarden won't accept you anymore.
sianz... now cannot retire in malaysia
Only permitted 180 days/ year in Malaysia. How to retire?
@@stephenwang9567MM2H
Can buy property in JB green city with discount lah now... Quick qucik buy la hooooo... 😊
The possibility is there, especially if Singapore continues being beholden to US and it's policies.
But but but... , my cheese is still so expensive.
Whether 1:3 and what not, will their product prices come down? 😅
Precisely.......important question
@@tubester821 never happen. Once up nothing comes down
I tend to agree on this one, but, I'm sure prices will eventually go down.
Since 1997 the ringgit has been going down non-stop. About time to change.
C'mon MY keep rising the currency from now on... it has been long time Malaysia currency in low rate , is time to shine again to be on par with SGD and AUD included USD too...
It might be back to RM 3.60 to 1 SGD in a few months time if US Treasury ups its interest rates.
Most currency are getting stronger is relatively due to US had cut interest rate thus better performance.
Strengthen RM may not necessary good for Malaysian economy particularly it would weaken your exports, foreign investment and tourism. Import can be big advantage if only Malaysia has big trade surplus on imports. Singaporean maybe can look for Thailand or Bali to retire already.
RM is basically going to its fair value which is abouf usd -> myr about 3.8
Nothing wrong to strength ringgit but must be at controlled rate. Runaway train wreck speed. U will get derail
Don't worry lah.. even though the ringgit is getting stronger it doesn't go beyond sgd.. just a little stronger maaa haiyaaa
I think it is not that easy.... The Singapore government can control the flow of Sing dollars. If the ringgit strengthens against SGD, the government can reduce SGD money supply to stay at the strong side.
Possible when property prices drop by 50% from current prices.
Even 2.8 Singaporeans will still Chiong to Malaysia. I also Chiong to buy when it was 2.4
The sounds of birds “cheap-ing” may not be over ever cuz regardless of it going 2.8 or 3.5, I suppose goods are still cheaper (just depends on what margin) as compared to SG… :)
So proud anwar management
大馬希盟加油！大馬民主行動黨！安華首相加油！我们奮鬥20年，大马在2022变天改朝换代終於成功了，继续把马来西亚迈向世界强国之一。UBAH! Malaysia Boleh! ❤️❤️
接下來大選繼續贏贏贏！
possible to 2.8 .. then malaysian traveller can go for shopping spree in singapore
Yes RM will increase in February - May to 2025 to USD3.85
When ringgit hit 3.55 per singdollar, all Singaporean very confidence ringgit will hit 4.00 flex..now all crying..😂
Pm Anwar is very good hope the price of goods will be lower in short time
MASYARAKAT INDONESIA HARUS2X MALUU BESARRRR Dn KETARR KETIRR..INI ADALAH CONTOH2X TERBAIKK QUALITY MASYARAKAT SINGAPORE Dn MALAYSIA TERBAIKK.. BICARA2X CERDASSS BERQUALITY SESAMA JIRAN2X Dn NEGARA2X LAIN..Dn SEMESTINYA BERILMU FAKTA2X..Dn Yg PALING2X MAHAL.ADAP Dn SANTUNI..BERBICARA APA JUA SALING BERKAITAN.
One day, RM1 can exchange for SGD 3
Singapore is a finance centre and capital hub in SEA, Malaysia plays a different role.
Not in this life time
It's nothing unusual to have RM strong. If you look at history, since independence, RM has been strong 80% of the time since the 60's. Not including the 60's where SGD was weaker than RM, SGD -> RM was about 2 - 2.2 on average.
only when LKY is re-incarnated in Msia and become a Msian PM.
@@kenken3000 actually, Anwar Ibrahim is Lee Kuan Yew of Malaysia
Wow! Sure, the current PM will continue on the seat for more than 1 term. There is no need for a vote. He or she is making a record.
Not much prediction. How will this affect the Johor properties
Any nuclear smr soon please? Else electricity rate shoot up after investment made and dc built. Policy change😢
Well done government in Msia. It will be less attractive to cross over. Every $100 sgd we lose $7> , continue going to Msia to enjoy don't think too much
The asian dollar will be stronger compare to US dollar in the near future 3.9 vs US dollar...🎉
Malaysia Federation has 9 Kingdoms, 2 Bali- Style States and 2 Borneo Autonomy Republics. Other that PAS leading 4-Islamic Kingdoms. Others are done well in business strategies cooperation with, CPTTP, RCEP and BRICS 2025. The 325 International Conventions in KL 2025 with flying colors. With Msia Agong went China to do business with Xi JIPing last month, 2025-2029 is good.
The 9 kingdoms, yes. But none of the other 4 states are true republics in that sense as their respective Yang di-Pertua Negeris (or Governors) are representatives of the Yang di-Pertuan Agong, the Supreme Head of State of Malaysia for their respective states, and are appointed by His Majesty to serve renewable four-year terms. This constitutional arrangement is identical to the constitutional monarchies within the Commonwealth states of Australia, New Zealand and Canada.
Im curious, what are the Bali-style state?
@@nikewalker96 Tourism-Strong Income States.
@@rexteo8062 so melaka & penang?
Kita patutnya pandai bersyukur.
The best ❤
Malaysia baru Malaysia Madani
3.2-3 is reasonable but i am hoping for a stable and stronger myr longer