Bot some USD today @ 4.0890 n glad to c BNM closing rate of 4.1030 @ 5pm

BNM knows this better than us, since most of the figures they published are falsified by them, actual are worst.
But I do like to see how they want to cover all the holes where they don't have a single cover at all

Malaysia Consumer Price Index (CPI) 1972-2015 | Data | Chart | Calendar
Consumer Price Index CPI in Malaysia increased to 113.90 Index Points in July from 113 Index Points in June of 2015. Consumer Price Index CPI in Malaysia averaged 66.99 Index Points from 1972 until 2015, reaching an all time high of 113.90 Index Points in July of 2015 and a record low of 24.30 Index Points in January of 1972. Consumer Price Index CPI in Malaysia is reported by the Department of Statistics Malaysia.
http://www.tradingeconomics.com/malaysia/c...price-index-cpi

The inflation rate in Malaysia was recorded at 3.30 percent in July of 2015. Inflation Rate in Malaysia averaged 3.68 percent from 1973 until 2015, reaching an all time high of 23.90 percent in March of 1974 and a record low of -2.40 percent in July of 2009. Inflation Rate in Malaysia is reported by the Department of Statistics Malaysia.
http://www.tradingeconomics.com/malaysia/inflation-cpi

BNM number should be reliable.

Buy palm oil counters, as India imports for palm oil surged ..

http://in.reuters.com/article/2015/08/18/i...N0QN0JQ20150818

and Msia Main GDP Manufacturing (34% of total GDP) is uptrend too.

http://www.tradingeconomics.com/malaysia/g...m-manufacturing     

http://www.dailysabah.com/energy/2015/08/1...stry-skyrockets 

http://www.tradingeconomics.com/malaysia/corruption-rank

Crude Tumbles to Six-Year Low After Unexpected U.S. Supply Gain
http://www.bloomberg.com/news/articles/201...-pump-amid-glut

Is it possible for MYR to touch 4.14 against USD tmrw? 

rm  now 4.105.
wti now 41.30 and still falling.
rm lose 1% or more tmrw is likely.
if wti falls further, fx reserves ugly on fri, we know what to expect...

Fed Officials in July Saw Rate Rise Conditions Approaching
http://www.bloomberg.com/news/articles/201...ons-approaching

US rate hike is redy to take off

Not something new, it has been talked for months and already highly anticipated by the market, that's the reason why USD having so much strength across all currencies.

Financial market already work in the form of "buy on rumour, sell on news" basic one.
It is better for Fed to actually raise the rate, instead of so much talk that has been affecting the market sentiment greatly, be it forex or stock market.

Take the bite and move forward, instead keep on playing guessing game.

Fed Officials in July Saw Rate Rise Conditions Approaching
http://www.bloomberg.com/news/articles/201...ons-approaching

US rate hike is redy to take off

i actually read it reducing the chance of a hike in sep given what's happening in china now.

more likely postponed, maybe nov-dec...?

that may slow down em currencies further carnage but not stop it.

rm... tmrw's fx data will be a major determinant.

Yes, the chance seems like reduced with the minutes.
If the rate hike is tagged with inflation figure, then the chance even lesser.
With commodities price slump across, headline inflation figure won't be high.

Having said that, the more it drags on on uncertainty whether there will be a rate hike or not, the more volatility in the financial market can be expected, as everyone is playing guessing game.

Bank Negara Malaysia (BNM) Governor Tan Sri Dr Zeti Akhtar Aziz says there are no intentions to move towards a less flexible forex regime.

She said the ringgit adjustments are part of the current flexible forex regime, according to Bloomberg on Thursday.

Zeti was also quoted saying Malaysia had high levels of reserves.  

past tense?...  

oh my mistake..

so it should be previously have high levels of reserves 

oh my mistake..

so it should be previously have high levels of reserves 

Now no more HIGH?...