Pakatan Harapan Is Hurting Malaysia S Economy And The Ringgit



Speculators and investors do not care whether a government is democratic or autocratic. But they do care when a government is unstable, even if it is democratic. So the constant attacks by Pakatan Harapan and the non-stop threats of toppling the government are what is frightening speculators and investors. NO HOLDS BARRED
Raja Petra Kamarudin
As a former finance minister and deputy prime minister, Anwar Ibrahim seems to lack understanding of how investor confidence works…or maybe he is just bullshitting — thinking that Malaysians will swallow his bullshit hook, line, and sinker.
The main reason for fluctuations in exchange rates is due to supply and demand. If Malaysia exports more than it imports, and exports in Ringgit, then the demand for Ringgit goes up. But if Malaysia imports more than it exports, and imports in foreign currencies, then the demand for Ringgit goes down.
In January-August 2021, Malaysia’s exports grew by 18.4% to RM95.59 billion, the 12th consecutive month of year-on-year (y-o-y) expansion since September 2020. Imports expanded by 12.5% to RM74.2 billion, while Malaysia’s trade surplus was up by 44.7% to RM21 billion.
In 2022, the value of Malaysia’s imports surpassed the RM100 billion mark for the first time ever in March 2022 after growing 29.9% to RM104.9 billion from RM80.8 billion a year earlier, as the nation’s export and total trade value climbed to record highs.
In a statement, the DOSM’s chief statistician, Datuk Seri Dr Mohd Uzir Mahidin, said Malaysia’s export value increased 25.4% to RM131.6 billion from RM105 billion while total trade value grew 27.3% to RM236.6 billion.
Hence the Ringgit is not weakening because business is down. In fact, business is up. But the demand for Ringgit is down as we trade in US$, not in Ringgit.
One reason for the drop in demand of the Ringgit is due to the constant threats the opposition is making about toppling the government. Stock market and currency traders are scared when there is talk about toppling the government.
Speculators and investors do not care whether a government is democratic or autocratic. But they do care when a government is unstable, even if it is democratic. So the constant attacks by Pakatan Harapan and the non-stop threats of toppling the government are what is frightening speculators and investors.
In short, Pakatan Harapan is the one causing the Ringgit to weakan.
*****************************************************************************
Weaker ringgit shows world losing confidence in Malaysia, says Anwar (FMT) – The ringgit’s dissipating value has shown that the world has lost confidence in Malaysia, opposition leader Anwar Ibrahim said today.
In a Facebook post, Anwar said short-term solutions and quick fixes by the government were not enough.
“We need leadership that must first inspire the confidence of the people before we can dream of inspiring foreign confidence and then investment.
“A proper plan for a proper recovery requires complex thinking and an appreciation for the complexity of contemporary economics,” he said.
The Port Dickson MP, who is a former finance minister, explained that Malaysians were trapped in a cycle where the people work harder and make less while the price of basic needs has risen exponentially.
“I compel the government to give the rakyat a long-term solution that can inspire the confidence we all deserve.
“The people’s work is paramount to bringing this nation back and you, the people, deserve just reward for your labour,” the PKR president said.
The ringgit weakened past RM4.40 to the US dollar last week for the first time since the onset of the Covid-19 pandemic, but made a slight recovery to RM4.38 on Friday.


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

https://www.malaysia-today.net/2022/05/22/pakatan-harapan-is-hurting-malaysias-economy-and-the-ringgit/

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Pakatan Harapan Pushing Malaysia To Become Like Sri Lanka

Pakatan Harapan Pushing Malaysia To Become Like Sri Lanka

papar berkaitan - pada 24/5/2022 - jumlah : 177 hits
Herein lies the problem An ecstatic electorate elected a government based on a manifesto which included the abolition of the hugely unpopular goods and services tax This has had far reaching consequences From Walter Sandosam Free Malaysia T...
Rescuing Big Companies Not The Way To Save Malaysia Anwar

Rescuing Big Companies Not The Way To Save Malaysia Anwar

papar berkaitan - pada 13/5/2022 - jumlah : 229 hits
PKR president Anwar Ibrahim and former prime minister Najib Abdul Razak are facing off tonight in a debate on the troubled government linked company Sapura Energy Bhd as well as the country s future We brings you updates of the debate Rescu...
Nilai Ringgit Susut Bukti Dunia Hilang Keyakinan Terhadap Malaysia Kata Anwar

Nilai Ringgit Susut Bukti Dunia Hilang Keyakinan Terhadap Malaysia Kata Anwar

papar berkaitan - pada 23/5/2022 - jumlah : 287 hits
May 22 2022 Anwar Ibrahim berkata perancangan bersesuaian bagi pemulihan sepatutnya memerlukan pemikiran kompleks selain kemampuan memahami kerumitan ekonomi semasa PETALING JAYA Nilai ringgit susut menunjukkan dunia sudah hilang keyakinan ...
Weaker Ringgit Shows World Losing Confidence In Malaysia Says Anwar

Weaker Ringgit Shows World Losing Confidence In Malaysia Says Anwar

papar berkaitan - pada 22/5/2022 - jumlah : 164 hits
Anwar Ibrahim says any proper recovery plan requires complex thinking and an appreciation for the complexity of contemporary economics PETALING JAYA The ringgit s dissipating value has shown that the world has lost confidence in Malaysia op...
No 1 Di Ranking Netflix Malaysia Kini Pengarah Ulas Lebih Soal The Sound Of Magic

No 1 Di Ranking Netflix Malaysia Kini Pengarah Ulas Lebih Soal The Sound Of Magic

papar berkaitan - pada 11/5/2022 - jumlah : 286 hits
Baru seminggu ditayangkan The Sound of Magic nampaknya telah berjaya meraih perhatian penonton bukan sahaja di Malaysia malahan di seluruh dunia ARTIKEL BERKAITAN Bagi yang belum tahu The Sound of Magic ialah drama muzik fantasi membawa kis...
Kesusahan Rakyat Compare The Uk With Malaysia

Kesusahan Rakyat Compare The Uk With Malaysia

papar berkaitan - pada 26/5/2022 - jumlah : 271 hits
Malaysian politicians talk non stop only about the elections and about who can work with whom who cannot work with whom who supports whom who opposes whom and about who should become the PM if Ismail Sabri Yaakob can be toppled In the UK po...
Johor Pkr Man Tells People To Take To The Streets Over Soaring Food Prices Weakening Ringgit

Johor Pkr Man Tells People To Take To The Streets Over Soaring Food Prices Weakening Ringgit

papar berkaitan - pada 23/5/2022 - jumlah : 176 hits
PKR s outspoken Johor parliamentarian Hassan Abdul Karim urged people to protest against the government s failure in managing rising prices of essential food items that has been aggravated by the weak Malaysian ringgit The Pasir Gudang MP l...
Five Signs That The Old Normal Has Returned To Malaysia

Five Signs That The Old Normal Has Returned To Malaysia

papar berkaitan - pada 16/5/2022 - jumlah : 371 hits
People enjoy an evening out at Dataran Merdeka in Kuala Lumpur Picture by Firdaus LatifKUALA LUMPUR May 16 For more than two years Malaysians have adjusted to changes in our everyday lives and adopted what the government has termed the new ...
Beli Rumah Lebih Jimat Dengan Kempen Hartanah Bumiputera Matrix

Tattoos Raised And Itchy

Bersatu Man Demands Dnb Exit Strategy For U Mobile

Khutbah Jumat Jumadil Awal Tangis Ibnu Rawahah Jelang Perang Mu Tah

Tattoos Portland Maine

Bertolak Ansurlah

Kisah Adv 160 Pengajaran Dari Bateri Lemah

Haram Guna Dan Jual Vape Dewan Pemuda Pas Pahang Zahir Sokongan Penuh Terhadap Titah Sultan


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


Mixology Vape S Commitment To Quality Crafting The Best Vape Flavours Nz

Pensyarah Didakwa Hina Nabi Jawi Turut Buka Siasatan

Murid Buktikan Pada Guru Lembu Makan Martabak

The Difference In The Concept Of Illicit Relationship Between Muslims And Non Muslims

Tiada Masalah Pas Ketuai Pn Tapi Bincang Dulu Kata Pemimpin Bersatu

Cek Pertama Dari Google Adsense