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 RM4.40-RM4.50. Because of this, MIDF has revised their year-end target and expects the ringgit to hit RM4.03 by December. In this episode, financial experts Hann and Sani talk about the ringgit’s unstoppable momentum and what it means for you. ---------- Timestamps (00:00:19) Where will the ringgit go after this? (00:07:11) Why do low interest rates make a currency weaker? (00:08:50) Is MYR strengthening due to dollar weakness? (00:12:31) What is the ringgit's fair value? (00:15:50) But why are my bills still so expensive? (00:26:40) Going for a holiday soon. Convert MYR now? (00:32:44) At what point will the ringgit's strength be harmful to Malaysia? (00:39:23) How will US elections influence the ringgit? (00:44:45) A simple explanation for MYR's strength (00:47:19) I have all my savings in USD and US market. What now? (00:53:19) Outlook on the ringgit? Will it reverse? (01:03:42) Props to the current administration for enforcing good policies (01:07:17) How can we maximize the benefits from the strong ringgit? ---------- Hann is a personal finance expert with over a decade of experience in the financial industry. Previously the CEO of RinggitPlus, he is qualified as a licensed financial planner (CFP) and a chartered financial analyst (CFA), and has helped tens of thousands of Malaysians on their path toward financial literacy. Hann is currently the founder of Halogen Capital, the world's first Shariah-compliant crypto fund that provides institutional exposure to Bitcoin. Our other speaker, Mr. Sani Hamid, is an economist and certified financial planner (CFA). He’s 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. Hann’s socials: https://twitter.com/ooihann 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. ✅ 194 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.