looks like MYR getting stronger

the graph looks like going down wor....

usd been weak... lost to most currencies, incl euro 3-4% last few weeks.

becos weak us economic data provides case for delayed or even no rate hike this yr.

also possible bnm been intervening as mar reserves shows a drop of abt usd6 billion in reserves, we'll hv to see apr figures.
http://www.tradingeconomics.com/malaysia/f...change-reserves

the lower the rate, the better.. tat's for currency only

u could be right..

weak USD + BNM intervention contribute to stronger MYR

Still weak against SGD, so BNM now are more on kakikong, kakisong

cannot be stronger against SGD because we needed those from the Island to spend their money here

Nope, the rightful way is rm1 = SGD2.5.
But again, we have 2 different government to rule the country, 1 is with intention to songlap while another is to build a country

will it still continue to drop??

it depends

yeah... i know which is a good thing

hope next time choose wisely

Let's wait and see.

I rathr follow fundamentals with a small mxture of technical analysis. But thtèsme. Never by speculatng.

Economy fall or raise is by speculations basically. Is matter if you are the person that does the speculation or being speculated.
Obviously, most are being speculated

That is why we mst be smartr than the general investment community inorder to succeed.

Ringgit likely to strengthen by 5% against US dollar by year-end, says UBS
http://www.thestar.com.my/Business/Busines...-UBS/?style=biz

Only 5%, not enough ma...

i understand.

the euro gained 1.4% against the usd in the last 1 hour.

then how much u want?