YEAR 2018 has indeed started well for Malaysia. The foreign exchange rate of the ringgit against the US dollar has dipped to below RM4, which is heartening. The stock market indices, in line with global indices, have reached new highs. Oil prices have also risen, hovering a shade below US$70 a barrel.
However, true progress is when the exchange rate strengthens further to the late 2013 levels of US$1 to RM3.15.
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