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 ringgit Malaysia drop , how to I change my RM to USD

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wil-i-am
post Aug 20 2015, 06:23 PM

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BNM closing rate for USD/MYR @ 4.1375
Worst closing for tis yr
wil-i-am
post Aug 20 2015, 10:57 PM

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QUOTE(AVFAN @ Aug 20 2015, 06:44 PM)
bnm fx reserves will be ugly tmrw.
*
U think BNM can hold on to USD90 bil mark? hmm.gif
wil-i-am
post Aug 21 2015, 06:45 AM

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10 Currencies That May Follow Tenge in Tumble Triggered by China
http://www.bloomberg.com/news/articles/201...ggered-by-china

MYR in the list... sweat.gif
wil-i-am
post Aug 21 2015, 01:20 PM

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BNM USD/MYR closing rate @ 12 noon is 4.1855
Awaiting 4.20 to clear position
wil-i-am
post Aug 21 2015, 06:47 PM

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Najib’s ringgit call gets backing
http://www.nst.com.my/node/97108

Will GLC follow instruction?
wil-i-am
post Aug 21 2015, 07:43 PM

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In order to attract FDI to M'sia, our exchange rate must b attractive
At wat Level of USD/MYR (now 4.1815) will entice tis group of Investors?
wil-i-am
post Aug 21 2015, 09:42 PM

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QUOTE(AVFAN @ Aug 21 2015, 08:45 PM)
not so much about 4.0 or 4.5... foreign investors will only put the money if they see rm strengthening, not weakening.
imagine you buy a prop at rm1 mil at 4.0, then it appreciates to 1.1mil but ex rate is 4.5, u lose!
at this time, there are no signs or major reasons pointing to strengthening besides hot air from politicians.
when they stop yaking and do some real work, the change will come.
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In fact, FDI will come in when MYR depreciate further
Imagine if US MNC were to invest USD5 mil in M'sia, it's worth MYR21 mil (@ 4.20) -v- MYR20 mil (@ 4.00)
The xtra sum of MYR1 mil is very handy coz it can finance opex/capex
If more n more US MNC q up to come in, M'sia will have a lot of USD
wil-i-am
post Aug 21 2015, 09:59 PM

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Dollar Bulls Gore Emerging Markets as Euro Stops Fearing the Fed
http://www.bloomberg.com/news/articles/201...fearing-the-fed




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wil-i-am
post Aug 21 2015, 11:00 PM

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QUOTE(AVFAN @ Aug 21 2015, 08:45 PM)
visit venezuela. you can get black market crude for $10 a barrel, people desperate for $ cash.
oil is no different from any commodity. too much supply, not enough demand, it is just lying there, low price.
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One of the best theory for low oil price was to weaken ISIS activities
Does tis theory hold water or just an illusion? hmm.gif


wil-i-am
post Aug 22 2015, 07:41 AM

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QUOTE(MGM @ Aug 22 2015, 07:38 AM)
What would the reaction be for USD vs MYR if PM suddenly change baton? Below 4.0?
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Coming soon or just dream?
wil-i-am
post Aug 22 2015, 01:09 PM

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‘Out of the box’ approach needed
http://www.thestar.com.my/Business/Busines...eded/?style=biz

Zeti is deliberating which options is better for M'sia? hmm.gif
wil-i-am
post Aug 23 2015, 08:11 PM

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Can anyone smell the aroma of USD/MYR @ 4.20 next week? brows.gif


wil-i-am
post Aug 23 2015, 09:22 PM

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QUOTE(one2ka4 @ Aug 23 2015, 08:51 PM)
wahhh, if it reach that high, i can't topup my gaming sad.gif
*
It's nvr too late to top up icon_idea.gif
wil-i-am
post Aug 23 2015, 09:43 PM

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QUOTE(AVFAN @ Aug 23 2015, 09:23 PM)

*
Where is tis money changer?
wil-i-am
post Aug 24 2015, 09:18 AM

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MYR per 1 USD
23 Aug 2015 01:10 UTC - 24 Aug 2015 01:15 UTC
USD/MYR close:4.23122 low:4.17030 high:4.23822
wil-i-am
post Aug 24 2015, 12:08 PM

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BNM rate for USD/MYR @ 9am today is 4.2435
Heading to close @ 4.26 on 5pm today?
wil-i-am
post Aug 24 2015, 07:56 PM

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BNM rate for USD/MYR @ 5pm today is 4.2630
Hope it can touch 4.30 by tis week

wil-i-am
post Aug 24 2015, 10:18 PM

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Will Ringgit continue to drop? Strengthen? Or stay flat?
http://www.fundsupermart.com.my/main/resea...?articleNo=6200

Food for thought
wil-i-am
post Aug 24 2015, 11:17 PM

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QUOTE(netmask8 @ Aug 24 2015, 11:14 PM)
Profit Taking by ppls holding USD ?
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The nite is still young icon_idea.gif
wil-i-am
post Aug 25 2015, 06:23 AM

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USD/MYR heading to North on steady pace...

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