MY Ringgit is in trouble… 3.45 to the SGD soon,
2023, the SGD/MYR rate should be looking about 3.45; and if this is so, then from end Oct (4Q2023) is possible for the rate to be 3.7ish.
I do not know the economic fundamentals enough to comment, but the technicals are already pointing to that projection.
Long ago, I heads up friends about the SGD/MYR going from 2.5-2.6 to 3/3.50. First part happened within a year. This was partly due to internal issues.
Appears a similar pattern is starting to happen.
Heads up!!
I do not know the economic fundamentals enough to comment, but the technicals are already pointing to that projection.
Long ago, I heads up friends about the SGD/MYR going from 2.5-2.6 to 3/3.50. First part happened within a year. This was partly due to internal issues.
Appears a similar pattern is starting to happen.
Heads up!!