Ringgit re-energised!

Our current PM might be a weak in addressing pressing international affairs such as Fallujah or Southern Thailand, but he’s doing something awfully right with Malaysia’s economy. A feather is his cap, a mark of success will be the removal of the ringgit peg to the US dollar. It won’t be long now, ladies and gents. If you’re thinking about buying that high-tech American-made gizmo (e.g. iPod) or going for an overseas holiday, it may be prudent to be patient and wait for a few more months before doing either.
Primer: Floating and Fixed Exchange Rates


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