Last night, many of us got excited over the Malaysian Ringgit (MYR) hitting 4.20 against the United States Dollar (USD).
Minister of Housing and Local Government, Nga Kor Ming, was among those who praised the government for their efforts in strengthening our economy, which he believes caused the strengthening of our currency against USD.
Taking to his X page, he wrote, “Salam Malaysia Madani. The time for Malaysia to rise again has now arrived. Let all of us Malaysians unite under the umbrella of the Madani government, led by YAB PMX Anwar Ibrahim, to open up a new chapter to make Malaysia a respected and admitted country on the world stage.”
As of the time of writing, the Malaysian Ringgit is at 4.18 against USD.
Malaysians, however, are divided over this.
Some followed suit and praised the government for playing a role in the rise of the Malaysian Ringgit, while others pointed out that the rise is merely because of the political turmoil in the United States.
“Is Ringgit strengthening or is USD weakening?”
“USD is the problem but he (Nga) is the one who is happy. After they appoint a new president, USD will rise again. Blame the opponent.”
“Adui. Don’t overly brag. The other day, when (MYR) sank, you said it’s because of the US. Now, as (MYR) is rising, it’s also because of the US lah.”
What do you think of the Ringgit’s standing against USD? Do feel free to share your thoughts in the comment section.
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