According to analysts, the Ringgit is expected to strengthen further in 2010 compared to the US Dollar on the back of higher bank interest rates and an improved economy. Of course, this is barring any unforeseen global economic distress that would entirely shift these projections.
As a self-employed person whose partial income is foreign sourced, this doesn’t augur well for me, and I don’t like it one bit. The weaker the Ringgit is, the better it is for me and my friends who are in the same boat as I am.
Analysts are saying that the Ringgit will go up as high as 3.30 to the USD by the end of the year. Oh, I don't know. The importer in my likes a stronger Ringgit but the freelancer in me does not! I still hope that the Ringgit will be 3.80... but that's just wishful thinking!
As a self-employed person whose partial income is foreign sourced, this doesn’t augur well for me, and I don’t like it one bit. The weaker the Ringgit is, the better it is for me and my friends who are in the same boat as I am.
Analysts are saying that the Ringgit will go up as high as 3.30 to the USD by the end of the year. Oh, I don't know. The importer in my likes a stronger Ringgit but the freelancer in me does not! I still hope that the Ringgit will be 3.80... but that's just wishful thinking!
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