Malaysian ringgit

Don’t get us wrong. A stronger ringgit is good, as it means greater purchasing power for the people.

Meanwhile, the Absolute Returns Portfolio was up 2.5% last week, lifting total returns since inception to 5.9%.

Malaysians, by and large, do not want confrontation.

Surveys routinely show inflation and pessimism over the health of the economy topping the people’s concerns.

Higher interest rates will worsen the already large fiscal deficit.

Both the private and public sectors are highly leveraged.

Yes, there are valid reasons for keeping interest rates low, but they come at a cost.

Only a successful digitalisation and investment drive can make Malaysia Great Again.

As we wrote earlier, a weaker domestic currency comes at a cost of its own.

SINGAPORE (Feb 7): The Singapore dollar yesterday fell below the RM3 mark for the first time in about a year after the republic’s central bank said there was sufficient room for the Singapore currency to ease as the Wuhan virus hits the economy.