Quickiepedia: The Ringgit’s Rapid Descent – Part 2

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KiniTV QUICKIEPEDIA: Once upon a time, Malaysians enjoyed an exchange rate of RM2.99 to the US Dollar. Today we see it hovering around RM4.45 and wonder where did it all go wrong?

In the second part of this Quickiepedia on the decline of the Malaysian Ringgit, we look at how Making America Great Again could have had anything to do with it and the other major events and factors outside of the country that hammer down on the value of the Ringgit.

Quickiepedia: The Ringgit’s Rapid Descent – Part 2

Once upon a time, Malaysians enjoyed an exchange rate of RM2.99 to the US Dollar. Today we see it ho…

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12 COMMENTS

  1. mhthr inherited strong ringgit. early 90s it was around RM2.60 against USD. late 90s rnggt had to be pegged at RM3.80, after ridiculous volatility even went up to RM4.83.

    mhthir single handedly thrashed ringgit during 90s

  2. The decline of the ringgit against the greenback is not because of the making of the American Great Again but because of the making of Malaysian economy down the drain by the BN gomen. M’ sians getting poorer because of the gomen economic policies.

  3. Actually- Malaysian did nothing wrong , the only reason was – people out there not confident of how Malaysian government handling this country- I also don’t know why , maybe some error

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