Monday, 19 December 2016

Ringgit Malaysia. Rupiah Indonesia. Seribu Tahun Takkan Mungkin

Is a 1988 Malaysian hit for Bumiputra Rockers.
Looking at the Ringgit Malaysia and Rupiah Indonesia exchange rates, many would have shouted out Seribu Tahun Takkan Mungkin.
BUT it's happening right in front of our eyes, with RM1000 now only fetching 2.991 million Rupiah, levels unseen in 30 years.
All these, doesn't bode well for the Ringgit, when it comes to play with the US Dollar