1.00 USD = 3.94857 MYR
The pressure is so strong n gonna break RM3.95 barrier by today
ringgit Malaysia drop , how to I change my RM to USD
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 Aug 11 2015, 11:13 AM
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#101
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Senior Member
10,001 posts Joined: May 2013 
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Quote|
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Aug 11 2015, 11:59 AM
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#102
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Senior Member
10,001 posts Joined: May 2013
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China's yuan devaluation hits Asia FX; Singapore dollar at 5-year low
http://www.theedgemarkets.com/my/article/c...llar-5-year-low Will MYR perform self-adjustment on voluntary basis? |
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Aug 11 2015, 01:46 PM
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#103
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(AVFAN @ Aug 11 2015, 01:37 PM) since when have any of them said otherwise? They will continue to portrait the Gud side but cover the UGLY part  |
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Aug 11 2015, 02:06 PM
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#104
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Senior Member
10,001 posts Joined: May 2013
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1.00 USD = 3.97945 MYR
Broke MYR3.95 mark Heading to MYR4 with ETA @ 5pm today |
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Aug 11 2015, 05:43 PM
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#105
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Senior Member
10,001 posts Joined: May 2013
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1.00 USD = 3.99977 MYR
Ladies n Gentlement, get redy champagne for historic moment of MYR4 |
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Aug 11 2015, 09:45 PM
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#106
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Senior Member
10,001 posts Joined: May 2013
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Came across an article of Strong Dollar
Is a Strong Dollar a Good Thing or a Bad Thing? http://www.forbes.com/sites/bobmcteer/2015...or-a-bad-thing/ |
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Aug 11 2015, 11:12 PM
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#107
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(cmk96 @ Aug 11 2015, 11:09 PM) wow... touched 4.0078 already... those experts just said it wont touch 4.00 2 weeks ago... investors are running away....fast! Tmrw onwards, invite astrologer to comment  |
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Aug 11 2015, 11:25 PM
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#108
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(icemanfx @ Aug 11 2015, 11:14 PM) Unless bnm impose capital control and rise bank interest rate, 4.20 is probable. How to hike int rate when all economic indicators r weak? |
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Aug 12 2015, 10:30 AM
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#109
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Senior Member
10,001 posts Joined: May 2013
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1.00 USD = 4.01015 MYR
Biz as usual for Ppl as MYR4 mark is a fact for all M'sian Hope the rate stays within range of 4.00 to 4.10 till end of Q3 |
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Aug 12 2015, 11:40 AM
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#110
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Senior Member
10,001 posts Joined: May 2013
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Malaysia Consumers Send Najib Warning on Growth as Ringgit Drops
http://www.bloomberg.com/news/articles/201...s-ringgit-drops How much further Ppl can tighten the belt to cope with never ending needs? |
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Aug 12 2015, 09:47 PM
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#111
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(richstars8818 @ Aug 12 2015, 08:31 PM) lucky im fast enough to close position.. now thinking wanna hop into again or not hmm... I closed my position @ 4.01 tis afternoon |
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Aug 12 2015, 10:34 PM
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#112
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(richstars8818 @ Aug 12 2015, 10:32 PM) quoting from articles / newspapers / online news To b fair, one of the factors MYR depreciate tis week was due to PBOC devalue its currency twicei still remember few days or week ago the star news mentioned RM wont drop till 4.. but what happens? haha.. believing in too much articles/news won't make you look pro after all. |
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Aug 13 2015, 06:47 AM
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#113
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(AVFAN @ Aug 13 2015, 12:56 AM) what if zeti announce a surprise rate cut tmrw?!! On wat basis?  |
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Aug 13 2015, 11:29 AM
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#114
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(cute_miao @ Aug 13 2015, 07:44 AM) I wonder whether this devaluation will lead to the changes in existing housing loan blr Nope |
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Aug 13 2015, 12:41 PM
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#115
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(aurora97 @ Aug 13 2015, 12:09 PM) By the way, my bank just informed me they reduced their ECOF, so i am paying less interest as of the month of Aug 2015. Is ECOF refers to xx Cost of Funds? |
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Aug 13 2015, 01:18 PM
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#116
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Senior Member
10,001 posts Joined: May 2013
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Malaysia’s Growth Cools as Pressure Builds to Boost Confidence
http://www.bloomberg.com/news/articles/201...oost-confidence Key word from Zeti The drop in reserves was anticipated, and the central bank will set about to rebuild them, Zeti said. They remain ample to facilitate international transactions, she said Can u trust her? |
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Aug 14 2015, 06:50 AM
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#117
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Senior Member
10,001 posts Joined: May 2013
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The Time to Sell the Dollar Is Now as Fed Gets Real on Liftoff
http://www.bloomberg.com/news/articles/201...real-on-liftoff Will history repeat? |
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Aug 14 2015, 10:09 AM
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#118
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Senior Member
10,001 posts Joined: May 2013
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Ringgit weakens to fresh level against US dollar at 4.0722
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Aug 14 2015, 10:26 AM
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#119
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(AVFAN @ Aug 14 2015, 10:23 AM) rm is biggest loser in asia this morning, -1.5%. I suppose Putrajaya will unveil 'unfriendly' 2016 Budget to mitigate the impactother asian currencies, less than -0.5%. think all due to crude, about to crash below 40. less revenue from petronas, less div to putrajaya. more debt or higher gst soon? or both? |
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Aug 14 2015, 12:02 PM
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#120
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Senior Member
10,001 posts Joined: May 2013
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MYR will drop further as foreign investors submit redemption call via proceeds from MGS n Equities
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