F0120: SGDMYR has gained 15.46% in 2 years. Why does it only go up?? (With Economist Sani Hamid)
Description
It seems like every other day, the Singapore dollar is making a new all-time high.
Since the start of the year, the SGDMYR pair has rallied by 2.45% to RM3.5745.
In the recent two years, the Sing dollar improved 15.46%, representing an annual return of 7.45%.
This return is higher than EPF and 87% of unit trusts in Malaysia.
In this episode, we invite Sani Hamid, an economist and certified financial planner with over 30 years in the markets, to discuss the declining ringgit and why the Singapore dollar only goes up.
Watch the full presentation on YouTube: https://www.youtube.com/watch?v=6kFRoblFHK8
------------------
Mr. Sani Hamid is an economist and certified financial planner (CFA). He is a frequent commentator in the media and has over 30 years of experience in the financial markets, having worked for companies such as S&P Ratings as a Director in the sovereign team overseeing the ratings of countries such as Indonesia, India, Malaysia, and Singapore.
Sani’s socials: https://twitter.com/sanihamid
------------------
Your time is valuable and you hate sifting through the web for information.
We get it, so let us do the work for you.
By joining our WhatsApp group, you’ll receive financial updates - best FD rates, currency movements, and more on a daily basis.
✅ 102 people have joined, and only 2 unsubscribed (so far).
✅ We don’t spam.
✅ It’s $0.25/week.
✅ Pay monthly, cancel anytime.
Try the First Week for Free: https://www.patreon.com/TheFuturizts
------------------
DISCLAIMER: The information contained in this podcast is for informational and educational purposes only. Nothing herein shall be construed as financial, legal, or tax advice. The opinions expressed in this podcast are solely those of the speakers.
After signing the documents on Monday (7 Oct), PM Anwar expressed optimism for next year’s budget, noting that it will strengthen the local economy and equalize income distribution.
While the details have yet to be announced, Budget 2025 will set the tone for Malaysia and the rakyat for the rest...
Published 10/14/24
On Friday (27 Sept), the Ringgit hit its highest point since June 2021.
At RM4.1220 versus the US dollar, it has gained 12.19% since the start of the year and has blown past the year-end target of analysts, with the most optimistic forecast at RM4.20. The average predictions were at...
Published 10/02/24