yes. which is why i am also, like others, quite happy that 3.80 is held up for now.

just not very hopeful it can stay like that for long given the shixxx we read everyday...

nice... "cheaper" if buying fx!

first time reading this, no other source.


money changers must be hoarding plenty...

my read is given continuous falling oil prices, exports not increasing and worsening politics, it will slide.

bnm unlikely to use too much reserves for just 3.81.

more likely it will let it slide slowly.. how about 3.85, 3.90?

the power of journalism over the unwary.

bet all mainstream media same.



one thing not to forget... usd still strengthening, will push already weak oil prices lower - this will add even more pressure on the rm in the coming months.

do u think gst will be increased or not next year?

do u think petrol price will come down?

Ok, we both know.

take note...

aud is now 2.78 to the rm, which means:

aud = sgd.
yr kid's college fees in oz is now cheaper in rm.
yr property value in oz has lost value in terms of rm or usd.
holidays cheaper or not, i dunno...

all that in the last 1 year. aussie economy hurt bad by poor iron ore price, china demand.
http://www.xe.com/currencycharts/?from=AUD&to=MYR&view=1Y

Aussie hits 6-year low, German survey prods euro lower
http://www.cnbc.com/2015/07/23/euro-buoyan...ags-vs-yen.html

This post has been edited by AVFAN: Jul 24 2015, 09:56 PM

now cheaper, they'll probably raise fees this coming semester.

looking at how oil and gold prices are falling now, plus usd vs euro, sgd, it will be a very expensive monday morning for her if she keeps to 3.80xx.

i wouldn't count on it.

ok, u take 3.80xx, i take 3.81xx. ok?

last offer:

=<3.810, u win, >3.810, u lose.

bet 3x

ok?

you're on!


we'll know monday if bnm will have a change of heart about 3.810.

doesn't look like rm will go below 3.810 today...

will be very hard for bnm to hold at that level.



and crude fell below 48 today.

This post has been edited by AVFAN: Jul 27 2015, 12:26 PM

we'' see closing at 5pm.

hold problem, don't hold also problem!

the thing is by holding at 3.81 with usd, it "gains" on other currencies, particularly sgd and rmb - the major trading partners.
the distortion is not a good thing, although the speculation now is much more controlled than before.
my estimate is at current usd/sgd, rm should be 3.85.


i hope bnm will be careful enough. remember this?

20:80

well, with footnotes...

... "investable" money only
... subject to change when conditions change



the way i see it, there isn't a single major "feel good" factor at this time for the rm.

unless we call raising taxes a good thing for rm.

it's not over!

i would hv thought u being the "lord of what ifs" will know how?

don't get too serious la...

already wounded by so many thigns, hv some fun sometimes!

we'll have to see how usd does vs other currencies too.

if currencies of msia's major trading partners incl sg, japan, thailand, taiwan weaken as well, bnm will find it awfully hard not to let it slide beyond 3.820.


u r looking for a fortune teller or wizard or time traveler... good luck.

seriously, just buy what u need. the rest, read more to decide on yr own.