Malaysian ringgit

Tong's Portfolio

Why y-o-y real wages in the US may be rising, yet its standard of living may have fallen — a statistical mirage

Surveys routinely show inflation and pessimism over the health of the economy topping the people’s concerns.

Tong's Portfolio

Right to leave domestic interest rates unchanged, but ringgit will weaken

Higher interest rates will worsen the already large fiscal deficit.

Tong's Portfolio

A depreciating ringgit is an indirect tax on savings

Both the private and public sectors are highly leveraged.

Tong's Portfolio

What determines the exchange rate and is the ringgit fundamentally undervalued?

Yes, there are valid reasons for keeping interest rates low, but they come at a cost.

Tong's Portfolio

Budget 2023: Clear decisive fiscal policies, please — to stimulate investments and create good jobs

Only a successful digitalisation and investment drive can make Malaysia Great Again.

Tong's Portfolio

Is the falling value of the ringgit a cyclical or secular trend?

As we wrote earlier, a weaker domestic currency comes at a cost of its own.

Currencies

Singapore dollar falls below RM3 mark after currency easing seen as novel coronavirus hits economy

SINGAPORE (Feb 7): The Singapore dollar yesterday fell below the RM3 mark for the first time in about a year after the republic’s central bank said there was sufficient room for the Singapore currency to ease as the Wuhan virus hits the economy.

Malaysia

Malaysia's markets show no post-election panic

(May 14): Malaysia’s markets showed few signs of investor panic as trading reopened after Mahathir Mohamad swept to power in a surprise election outcome.

Broker's Calls

Promise of higher dividends mitigate currency risk for LY Corp, says NRA Capital

SINGAPORE (Jan 30): NRA Capital likes LY Corporation, the original design manufacturer of wooden bedroom furniture, for what it sees as a positive mix of growth and dividend plans to come.

Currencies

Malaysian ringgit expected to remain strong after reaching year high

SINGAPORE (Nov 17): The Malaysian ringgit (MYR) on Wednesday reached a one-year high against the USD at 4.1745. And due to encouraging domestic and external factors, economists expect the MYR to remain strong.
×