Thursday, June 25, 2009

Malaysia Ringgit Undervalued By Some 33.2%

In an article posted on VOX called Equilibrium exchange rates which was highlighted by Professor Michael Pettis on his article Can the RMB be more undervalued today than it was last year?, I saw a very interesting entry, Malaysia.

It states that the Malaysia Ringgit is undervalued by some 33.2%!




How?

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