Malu if sgd reach 3.0

Well done
1.00 USD  = 3.73880 MYR

TBH, what the real stuff to export from Malaysia tho?

Ringgit likely to still breach 3.80 despite Fitch downgrade reprieve, say analysts
http://www.theedgemarkets.com/my/article/r...ve-say-analysts
baru mau happy2 sikit, now say still can reach 3.80

USDMYR pair going back up,.... Window of opportunity to buy the USD was TOO SHORT.

Malaysia is vulnerable to a U.S. rate increase because of the relatively high foreign ownership of government debt, while concerns still linger about the nation’s finances and state investment company 1Malaysia Development Bhd. Figures due Friday may show the country’s exports contracted in May, which would be the fourth month they have done so this year, as falling Brent crude prices hurt revenue.

So if I were to buy singapore reits, I can open a singapore account then?

I am not interested in buying their reits. If buying their reits so that I can open an account there, so be it. The reit is just extra bonus.   I just want to park my money some where other than banks in Malaysia. Australia is among my choice but need to take a plane there. Closest is Singapore

Back to b4 Fitch release report
1.00 USD  = 3.77716 MYR

Fitch ratings is of no help also. Less than 24h, rates went up again.

No, AVFAN,.. I'm afrd this wont happen. The pair wil turn around quickly. Please look at my risk management tactics a few pags back. Be careful, my friend,..

1.00 USD  = 3.7610 MYR

eh so fast change oh..

juz now tat price wor 

Here is some of it.
https://forum.lowyat.net/index.php?showtopi...&#entry72061921
https://forum.lowyat.net/index.php?act=findpost&pid=72350754

It might be a bit long as it is a post in the previous fd thread.
Yup. You guess right. I need to do TT next year. But I am very sure next year will be Usd1= RM4. Might as well save some money where I can.

How would you know that he has no USD acct abroad ?

Ringgit likely to face continuous pressure
http://www.thestar.com.my/Business/Busines...sure/?style=biz

Malaysia Trade Surplus Narrows in May

Malaysia reported a MYR 5.51 billion trade surplus in May of 2015, slightly down from MYR 5.65 billion a year earlier and matching market consensus, as imports fell more than exports.

Year-on-year, exports declined by 6.7 percent to MYR60.45 billion in May. Sales of all main commodities fell: LNG (-47.9 percent to MYR2.6 billion, accounting for 4.4 percent of total shipment); petroleum products (-28.3 percent to MYR3.80 billion, 6.3 percent share); crude petroleum (-22.1 percent to MYR2.3 billion, 3.8 percent share); palm oil and palm-based products (-7.3 percent to MYR5.3 billion, 8.8 percent share); natural rubber (-42.4 percent to MYR220.7 million, 0.4 percent share); electrical and electronics/E&E products (-0.6 percent to MYR21.1 billion, 34.9 percent share) and timber and timber-based products (-4.5 percent to MYR1.7 billion, 2.9 percent share).

Compared to the previous year, exports to Japan fell the most by MYR 2.0 billion, followed by Australia (MYR -1.1 billion), Taiwan (MYR -527.6 million), Indonesia (MYR-475.5 million) and the US (MYR-269.2 million).
                  
Imports decreased by 7.2 percent to MYR 53.49 billion, mainly due to a drop in purchases of intermediate goods and capital goods. Imports of intermediate goods, representing of 57.6 percent of total imports, fell by 8.4 percent  to MYR 31.7 billion, mainly due to industrial supplies, processed (MYR-1.5 billion, -11.1 percent) and fuel & lubricants, primary (MYR-1.2 billion, -41.7 percent). Purchases of capital goods, accounting for a 14.5 percent share, declined by 5.0 percent to 8.0 billion, due to a decrease in  capital goods (except transport equipment) (MYR-284.4 million, -4.1 percent) and transport equipment, industrial (MYR-131.4 million, -9.7 percent. In contrast, imports of consumption goods, accounting for 9.8 percent share, expanded by 27.2 percent to 5.4 billion, due to an increase of semi-durables (MYR747.5 million, +143.4 percent); food & beverages, processed, mainly for household consumption (MYR212.3 million, +17.9 percent) and non-durables (MYR18.8 million, +10.9 percent).

Compared to the preceding year, imports from the EU countries Singapore declined the most by MYR 674.5 million, followed by Singapore (MYR-672.1 million), United Arab Emirates (MYR-RM659.5 million), the US (MYR-641.7 million) and Australia (MYR-585.9 million).

In April 2015, Malaysia posted a  MYR 6.89 billion trade surplus.

Statistics Malaysia l Rida Husna l rida@tradingeconomics.com
7/3/2015 6:08:42 AM
http://www.tradingeconomics.com/malaysia/balance-of-trade

My friends in bursa just told me there's a massive sell off now.. I believe investor are started to pulling off now

3.95, 4.20 here we go

hey hey hey... whatca know.

We're back to 1998-2005 pegged value again. One big circle in ten years time. 

thanks unker jibby..

kerana mu skrg rm3.81/usd