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As Ringgit Strengthens, Netizens Speculate Malaysia to be A High Income Nation by 2025

1 min read
bekas Profesor, immigration officer, Ringgit Opens Higher at RM4.1540 Amid Weaker Dollar The constant underpay, and lower valuation of the Ringgit in comparison to the Euro and US Dollar has made those who earn below RM3,000 feel their salaries are not enough. It is important to note that RM1,700 is equivalent to USD$400. investment scam, Ringgit Strengthens as Softer US Inflation Lifts Rate Cut Hopes 2020. RM150 Loan Spirals into Arson and RM70,000 Debt bankruptcies, tourist slush funds, housewife terengganu pas, emergency funds, starting pay, performing currency, extortion case, billions of ringgit, Cost of living, ringgit, joke, success, muhyiddin solution, thief, Gender pay gap, MOM seller, PayNet, ringgit, Singapore Scam Victims, economic growth, money changers, monthly income zakat ah long Malaysia inflation minimum wage report strengthen RM50 Note Details Unveiled: Faces and Crowds Hidden in Plain Sight ringgit minimum wage

The current government has placed efforts to strengthen our currency. There are speculations that if our Ringgit reaches US$1 = RM4.00, that we will be classified as a high income nation. Some feel that this can be achieved by 2025. 

Netizens speculate Malaysia to be a high income nation by 2025 as Ringgit strengthens 

Additionally, users speculate that this could be due to foreign investors coming back to the country. This usually happens when a country has a stable government. But, there are some concerns about the possible rise in costs if our country achieves the “high income nation” status. 

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