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RE: LeoThread 2025-12-11 16-41

in LeoFinance12 hours ago

Part 8/13:

Similarly, the case of Pedro Custodio, a 47-year-old technologist who moved to Malaysia two and a half years ago, highlights how currency fluctuations complicate expatriate employment. Pedro had worked across Europe, Asia, and the Middle East before relocating. He notes that if he had anticipated the Ringgit's decline, he might have negotiated different salary arrangements. As the currency weakens, expatriates often find their salaries in local currency less valuable, dampening Malaysia's attractiveness for foreign talent.

The Economic Divide: Currency Effects on Malaysia’s Competitive Edge