Wednesday, 3 June 2009

Weaker USD Or Stronger MYR

I just made a PayPal withdrawal this morning and was surprised to note the lower Ringgit that I will be receiving this time. I haven’t had the time to monitor FOREX lately, hence the surprise.

Unfortunately, even with a stronger Ringgit, or perhaps a weaker Dollar, prices for imported stuff that I purchase continue to be more and more expensive with each shipment. Of course, I do know that imported stuff also have to take cost of shipping and handling into the sale price but I always like to think that with a stronger currency, at least we, the consumer, should benefit a little, right? It looks like this isn’t the case though!

Even though I am an importer, I hope that Ringgit will not get any stronger or my friends and I wouldn’t gain as much from the USD - MYR currency conversion!

Posted by CyberPartyGal at 3:07 pm