Friday, July 22, 2005

My income pegged away

Batigkh came by and talked to me in a soft and nice tone, almost samaritan like. This was after I had overrule the original plan and changed my flight ticket. Hypocrites ought to be shot.

I just got hold of the latest Ringgit unpegged news. It dawned on me that my income will be affected proportional in percentage terms to how much in percentage the Ringgit will appreciate against USD. This is because most of my income for now is paid in a currency which is still pegged to USD. And after a mock calculation, to my horror, a cut of 4 digits to my income is expected should the Ringgit appreciate by 10%. Wails!