Ringgit hits low of 4.7900 against the US dollar

Поділитися
Вставка
  • Опубліковано 17 січ 2025

КОМЕНТАРІ • 17

  • @SnowyPeriwinkle
    @SnowyPeriwinkle 8 місяців тому

    Thanks for sharing!

  • @KhaiFirst
    @KhaiFirst 8 місяців тому

    "we back in 1998 Asian Financial crisis"

  • @Jason-sf8vx
    @Jason-sf8vx 8 місяців тому +3

    When this video was shot? The exchange rate is 4.70 now , the problem is if you are not an expert on econmy pls don't give comment . Geopolitic and dedolloarization will make USD less significant and risky currency

    • @marvelcomiks8078
      @marvelcomiks8078 8 місяців тому

      Like you rightly said, dedollarization makes USD less significant (less in demand). But, so what does that tell us about Ringgit going even lower than a currency that is dying??? People are dying and you are worse than them...what does it signal about you? Worse than dying.

    • @wansworld27
      @wansworld27 8 місяців тому

      4.7, 4.8, 4.6 whatever it is anything above 4 is bad.

    • @cherrysimon
      @cherrysimon 4 місяці тому

      exactly. Don't delve into areas you are not familiar with. Stick with real estate. Thats where your experience is.

  • @salplayer9198
    @salplayer9198 8 місяців тому

    I wish we are independence from USD.

    • @chestercheng.realestate
      @chestercheng.realestate  8 місяців тому

      Unless another superpower rises, it's almost impossible to dethrone the USD

  • @marvelcomiks8078
    @marvelcomiks8078 8 місяців тому

    You know, the WEIRD thing is, while the ringgit has strengthened slightly against the Sing$ (from 3.57 to 3.50), during this time the ringgit has actually weakened tremendously against the American$ WHILE Sing$ holds par ground with American$. Its intriguing. Think about it. If M strengthens against S while S holds still with A, how can M be weakening so much against A??? Unless S is deliberately weakened against M or M has been deliberately 'abandoned/weakened' by A. Either way, it means Malaysia is doomed and is at the mercy of the stronger economies.

  • @cherrysimon
    @cherrysimon 4 місяці тому

    You are giving us the hgh of the USD at 4.80. Now it is close to USD 4.30....just like One City may have hit rock bottom and the only trajectory is up from her.

  • @cherrysimon
    @cherrysimon 4 місяці тому

    All I read is doomsday predictions. I am more optimistic.

  • @raymondwan-k4w
    @raymondwan-k4w 8 місяців тому

    sit still don't invest especially in flats ...convert all ringgi into usd or sgd...n wait 4 blood in the streets....whilst anwar on holiday ...food prices continue 2 rise inflation higher n people r miserable