Early 2013 exchange rate 1USD = 3RM
Trip total cost USD 8000 = RM 24000
Now August 2013 exchange rate 1USD = 3.33RM
Trip total cost USD 8000 = RM 26640.
Difference = RM 2640 ( I have to pay extra for the same thing )
Well that's only my personal expenses I am talking about, but as a country we heading towards a very bad situation...#inflation #Price increase and many others negative factors. I really wonder what the government is doing about this. For me personally, I do not have have any confidence with the Government under the current administration. Hope for the best prepare for the worse that's all I can say....
http://www.themalaymailonline.com/money/article/wsj-ringgit-outlook-bearish-amid-three-year-low-against-us-dollar