No more RM3.80 for 1 USD?
Filed in: Make Money Online, Malaysia — July 21st, 2005
Read this from Jeff Ooi’s “Are we staring at RM3.20?“:
Within the hour, Bank Negara Malaysia also announced that the ringgit’s RM3.80 peg against the U.S. dollar imposed in Sept 1, 1998 has been scrapped with immediate effect and will also operate by a managed float against a basket of currencies.
Forgive me, I don’t know much about economics. The first thing came to my mind is “How much will the new exchange rate affect my online revenue?“
If USD1 for RM3.20… I will lost few hundred ringgits every month. 
From now on, I will watch closely on the exchange rate! RM3.20 may be good for Malaysia but not good for me… Oh, I am selfish!
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July 21st, 2005 at 11:32 pm
i think it will prob be 3.5 or 3.6.
3.2 is just too low? .i dont know.
July 21st, 2005 at 11:50 pm
[...] Via [LiewCF and Jeff Ooi] WiRED Tags: blogosphere, malaysia [...]
July 21st, 2005 at 11:56 pm
err…wont go to 3.20..tats is so much..but to stable i think will be round 3.50
the adsense…err..luckily din make any revenue yet for me haha
July 22nd, 2005 at 12:20 am
yeah, I also THINK 3.20 is too low for now. *pray pray*
July 22nd, 2005 at 3:59 am
har? wah lao. so low? tell me it’s not true.
July 22nd, 2005 at 5:40 am
don’t worry..i’m praying..:p
OMG..this really is good and bad news MIX
now can buy some stuff cheaper…but on the other hand not much income
from the net.
July 22nd, 2005 at 7:54 am
[...] Malaysian bloggers like LiewCF and Yvonne are crying bloody murder because this reduces their Adsense earnings. [...]
July 22nd, 2005 at 6:15 pm
Ha ha me too. just few cents from google ad. So no worries about it falling!
In fact, I hope it drops more so I can buy some books I’ve been eyeing in US currencies.