Tag: malaysia facing bankruptcy
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Ringgit is undervalued. I agree.
Today, a friend asked me what would happen if ringgit were to hit the US$1 to RM4 level. I said, it’s already above the psychological RM3,80 level many times. In the near term, I do not think there would be any drastic actions being taken. There’s just nothing to be done when it’s pure negative…