Economy 101 & FAQs

aarie

petang tadi @ 3.120...

marine_admiral

usd akan turun lagi pasni
expecting to reach 3.00 end of this year huhu

akubaik3

agaknya adakah nilai USD terhadap MYR akan terus turun?
tolong paste kan resource

1 U.S. dollar = 3.10199676 Malaysian ringgits           20/09/2010      7:36 AM

pengecatbintang

iyo!

mungkin hujung tahun ni akan devalue 30% - 50%... against what...

aku pun tak tau

amirul_nazri

terus turun atau tak akan bergantung kepada Federal Open Meeting Commitee pada hari rabu nie jam 2.15am (waktu malaysia).  U all kena tgk kekuatan USD from the bigger perspective..not just only versus kan dgn RM

Pelabur around the globe akan menunggu keputusan FOMC itu samada mereka akan announce further easing (turunkan lagi interest rate USD) atau tak..widely expected to leave unchange at <0.25% kerana ekonomi US continues to expand (inflations remain steady though consumer spending rise)  walaupun recovery pace is indeed losing some space.

tarabas1976

generally, when USD goes down, gold would start goes up.

lostnfaun

generally, when USD goes down, gold would start goes up.
tarabas1976 Post at 22-9-2010 17:11

yes..exactly

tarabas1976

And if China starts dumping its bond in mass for gold...I guess the crash of USD will be in days to come.

remizati

sapa yg suka melancong mmg suka kalau usd turun, pound sterling turun..yahoooooooo

patt_sue

Ringgit strongest since Oct 1997

Malaysia’s ringgit rose to its strongest since October 1997 on bets that investors will boost purchases of the country’s assets to take advantage of its accelerating economic growth.

Malaysia’s economy may grow between 6 per cent to 7 per cent this year, Second Finance Minister Ahmad Husni Hanadzlah said yesterday. Gross domestic product expanded 4.4 per cent last year. FTSE Group, the global index provider, on Sept. 23 promoted Malaysia to “advanced emerging market” status in the FTSE Global Equity Index Series from a previous level of “secondary.” The government will on Oct. 15 announce its annual budget for 2011.

“After Malaysia was upgraded to advanced emerging market status, a lot of fund managers are increasing their weightings to follow the benchmark,” said Rahul Bajoria, a Singapore-based economist at Barclays Plc. “We estimate there could be about US$2.5 billion of such inflows. There is also the possibility that the government will reveal more details about privatization of state-owned companies at the budget which will spur inflows.”

The ringgit rose 0.2 per cent to 3.0840 per dollar as of 9:37 a.m. in Kuala Lumpur, according to data compiled by Bloomberg. It earlier reached 3.0820, the strongest level since October 1997. The currency has gained 11 per cent so far this year, the best performance among Asia’s most-traded currencies outside of Japan.
The currency could rise to 3.05 in a month’s time and to 2.99 in 12 months, Bajoria said, as the stock market is “relatively undervalued” compared to other regional bourses which have rallied more.

The FTSE Bursa Malaysia KLCI Index of shares rose 0.3 per cent and has gained 15 per cent so far this year, less than benchmark indices of the Philippines, Indonesia and Thailand. -- Bloomberg

Read more:  Ringgit strongest since Oct 1997 http://www.btimes.com.my/Current_News/BTIMES/articles/20100929112505/Article/index_html#ixzz10trRLoG8

aarie

" CIMB Research regional forex strategist Suresh Kumar Ramanathan said in a note
  to clients yesterday that he expected the US dollar weakness “to prolong” unless
  China undertook “aggressive revaluation” of its currency in the next one month."
  - starbiz 30/9/10

amirul_nazri

usd weaken across the globe as according to  FOMC minutes of meeting..the fed reserve will provide additional room or so call QE2 to sterm economic growth..

AND...

Bank Negara may halt hike of interest rate..due to concerned on slow economic growth...

perhaps..series of strengthen RM against USD dah cecah level maksimum...

system_failure

PETALING JAYA: Natural rubber prices in Malaysia climbed to a new high, extending an unbeaten run that started a month ago.

That should be good news for local rubber plantation owners, who are mostly smallholders but not for rubber glove makers.

Top Glove Corp Bhd has been hit with a double whammy – from rising latex input cost and the weakening US dollar that translated to lower earnings in ringgit for every US$1 worth of gloves sold.

“The last six months had a strong sense of deja vu for Top Glove ... high latex price and weakening US dollar experienced in 2008,” CIMB Securities said yesterday following a briefing held by the world biggest glove maker on Tuesday.

Oficial data showed the tyre grade Standard Malaysian Rubber 20 (SMR 20) rose 2.4% yesterday to a new high of RM11.65 a kg.

The Malaysian Rubber Board centrifuged latex price rose 1% to RM7.62 a kg yesterday – the highest since the previous peak of RM7.71 a kg in mid-April.


Top Glove’s quarterly net profits had been on the decline the past two quarters from recent peak of RM70mil posted in three months ended Feb 28 this year. Its management indicated that demand was rising, but expected the pace to only pick up if latex prices reverse course.

Meanwhile, concerns over tight supply due to weather havoc and increased purchases from China, would probably keep natural rubber prices bouyant.

Rubber price in Tokyo, the global benchmark rose as much as 2.3% to 335.7 yen per kg yesterday.

That is the highest level since April 16.

China, the world’s largest consumer of natural rubber, imported 190,000 tonnes of the commodity in September, a 19% gain from the previous month, according to Bloomberg calculations based on customs agency data released yesterday.


http://biz.thestar.com.my/news/s ... 61&sec=business

yowaza

Malaysia x lagi jadi sumber tenaga buruh yang murah lah

aarie

apa akan jadi pada ringgit kalau China willing to devalue Yuan agaknya?

wirazam

Hi korang,

maaf ye,saya bukan orang ekonomi, tp semenjak dua menjak nih mcm suka lak dgn topik ekonomi nih..takde ilmu pasai ekonomi nih...

just nak tanya.dan saya fikir pertanyaan saya ni sesuai di lontarkan dlm bod nih..rasanya tentu ada pakar2 ekonomi dlm BOD nih kan...

So soklan saya..Perlu ke bajet tahunan mesti ada defisit..
bukan apa setiap kali tgk bajet yg dibentangkan oleh PM ,tiap tahun mesti ada defisit...boleh tak dlm setahun bentang bajet takyah ada defisit..nih dah bertahun2 ada je defisit..ikut pemahaman saya nih, defisit nih lebih kurang mcm over spent kan..maaf kalau salah..sy budak br belajar


agaknya kalau bentang bajet dgn zero defisit..staf2 gomen akan lebih bersabar kot jk tak diberi bonus tahunan..ala-ala berbelanja mengikut pendapatan kan..

terima kasih atas segala input

koken_7

hoho...klu spending defisit tu maknanya something wrong dgn country management....maknanya country berhutang....maknanya every single second nilai hutang dikenakan interest...maknanya every year, klu pendapatan negara tak lebih bertambah...defisit akan membesar....maknaya negara boleh muflis...if pendapatan negara x improve...

nak 0 defisit or +ve spending...boleh...bykkan investor utk invest dlm negara...kenakan cukai kaw2 kt rakyat supaya pendapatan negara bertambah...kenakan tol supaya duit masyukk...eksport barang kaw2 supaya duit masuk ke dalam negara....etc...

kasibiman

pd wak kasi, satu asas kene ingat ialah jgn di campurkan adukkan defisit belanjawan dgn defisit national account.

bajet gomen boleh defisit; terutama sekali defisit itu utk:
1. merancakkan ekonomi di kala ekonomi terbongkang (pump priming)
2. pelaburan gomen utk jangka pendek utk pulangan jangka panjang (sabsidi spt memberi nelayan bot, etc)

pendekata; defisit belanjawan gomen itu HARUSlah di imbangi dgn surplus belanjawan di masa akan datang.

yakni, 2 tahun defisit, 5 tahun surplus supaya di penghujungnya, tiada hutang atau hutang sikit atau ada lebihan sikit. Thats how it should be.


Dlm konteks malaysia malangnya, defisit belanjawan bertahun2 berturut2 byk tahun dah. dan ini permasalahan skang.

beban hutang ini jika tidak direntikan, boleh membawa mudarat.

amirul_nazri

kalau jual air mentah kat singapork pada rate 2-3 seliter and beli balik  air terproses pada 20sen to 30 sen seliter...mmg la budget defisit tkkan zero selagi idea2 business bodoh cam itu terus di praktis oleh pemimpin negara..

aarie

kalu terlalu conservative takut jadi mcm France and UK skrg nie...