ringgit Malaysia drop , how to I change my RM to USD
|
|
 Aug 24 2015, 06:34 PM
|
 
All Stars
24,454 posts Joined: Nov 2010 
|
QUOTE(nexona88 @ Aug 24 2015, 06:31 PM) 1.00 USD = 4.25 MYR now, everyone can forecast...1.00 SGD = 3.01 MYR   latest... 4.7, 3.3. our heroes say very good for exporters, tourist dept and rakyat. enjoy.  |
|
|
|
|
|
Aug 24 2015, 06:35 PM
|
All Stars
48,447 posts Joined: Sep 2014 From: REality
|
QUOTE(AVFAN @ Aug 24 2015, 06:34 PM) now, everyone can forecast... no enjoy latest... 4.7, 3.3. our heroes say very good for exporters, tourist dept and rakyat. enjoy.  |
|
|
Aug 24 2015, 06:37 PM
|
Senior Member
2,086 posts Joined: Feb 2011
|
QUOTE(AVFAN @ Aug 24 2015, 06:34 PM) now, everyone can forecast... Ya... everyone should be in export or tourism business! Duh.... latest... 4.7, 3.3. our heroes say very good for exporters, tourist dept and rakyat. enjoy. |
|
|
Aug 24 2015, 07:56 PM
|
Senior Member
10,001 posts Joined: May 2013
|
BNM rate for USD/MYR @ 5pm today is 4.2630
Hope it can touch 4.30 by tis week |
|
|
Aug 24 2015, 09:00 PM
|
Elite
15,855 posts Joined: Jan 2003
|
Folks,
This is for people that do not understand how RM drop affect fixed price ASx. And, they still dump money into ASx. 1) Most of your savings are in EPF and they are invested in GLC and Malaysia Government's Bond. Now, you put money into ASx, you are putting all eggs in ONE basket. For bumi, due to political reason, it is SAFE for them to invest in ASB. For non-bumi, if anything went wrong, your ASx will be used to bail out ASB. 2) With RM crashing down, how does the fixed price ASx help you?? The depreciation of RM will wipe out any dividend that you get. 3) KLSE is crashing down. ASx is invested in GLC and MGS. So, how can it be fixed at RM1?? There is a buffer. So, whoever withdraw and can be paid out at RM1 will have the money. So, what happened when the buffer run out and the ASx need to sell the actual share that had went down?? Do not put all your eggs in ONE basket. This problem is not going to be fixed any time. Oil price is not coming back up any time soon. Dreamer |
|
|
Aug 24 2015, 09:05 PM
|
Junior Member
410 posts Joined: May 2006 From: Lowyat.net @ Kopitiam 
|
Need some opinion here, is weak ringgit good for property investment? I mean like JB Iskandar now. Previously Iskandar is like an empty city but now Iskandar is building up alot condo and hotel somewhere in Puteri Harboru.
|
|
|
|
|
|
Aug 24 2015, 09:10 PM
|
|
Senior Member
808 posts Joined: Apr 2009
|
QUOTE(metalslug @ Aug 24 2015, 09:05 PM) Need some opinion here, is weak ringgit good for property investment? I mean like JB Iskandar now. Previously Iskandar is like an empty city but now Iskandar is building up alot condo and hotel somewhere in Puteri Harboru. You are buying for ownstay or investment ? Nusajaya need to hold for longer term I suggest . Did you see population at the area ? |
|
|
Aug 24 2015, 09:23 PM
|
|
Junior Member
410 posts Joined: May 2006 From: Lowyat.net @ Kopitiam
|
QUOTE(yck1987 @ Aug 24 2015, 09:10 PM) You are buying for ownstay or investment ? Nusajaya need to hold for longer term I suggest . Did you see population at the area ? Population, there is not much, still slow.. Buy for investment.. |
|
|
Aug 24 2015, 09:57 PM
|
Junior Member
189 posts Joined: Nov 2014
|
Good time to change car ? If not now I'll still do it next year
|
|
|
Aug 24 2015, 10:18 PM
Show posts by this member only | IPv6 | Post
#1890
|
|
Senior Member
10,001 posts Joined: May 2013
|
Will Ringgit continue to drop? Strengthen? Or stay flat?
http://www.fundsupermart.com.my/main/resea...?articleNo=6200 Food for thought |
|
|
Aug 24 2015, 10:23 PM
|
|
All Stars
24,346 posts Joined: Feb 2011
|
QUOTE(wil-i-am @ Aug 24 2015, 10:18 PM) Will Ringgit continue to drop? Strengthen? Or stay flat? Drop. Nothing to push up the RM.http://www.fundsupermart.com.my/main/resea...?articleNo=6200 Food for thought |
|
|
 Aug 24 2015, 11:14 PM
|
Validating
1,525 posts Joined: Oct 2012 
|
QUOTE(Ramjade @ Aug 24 2015, 10:23 PM) Drop. Nothing to push up the RM. Profit Taking by ppls holding USD ? |
|
|
Aug 24 2015, 11:16 PM
|
|
All Stars
48,447 posts Joined: Sep 2014 From: REality
|
QUOTE(netmask8 @ Aug 24 2015, 11:14 PM) Profit Taking by ppls holding USD ? most waiting for 4.50 MYR rate, some even 5 MYR  |
|
|
|
|
|
Aug 24 2015, 11:17 PM
Show posts by this member only | IPv6 | Post
#1894
|
|
Senior Member
10,001 posts Joined: May 2013
|
QUOTE(netmask8 @ Aug 24 2015, 11:14 PM) Profit Taking by ppls holding USD ? The nite is still young  |
|
|
Aug 24 2015, 11:22 PM
|
Senior Member
5,369 posts Joined: Jan 2003
|
QUOTE(nexona88 @ Aug 24 2015, 08:01 AM) 1.00 USD = 4.25 MYR 1.00 SGD = 3.01 MYR   |
|
|
Aug 24 2015, 11:22 PM
|
|
Senior Member
5,369 posts Joined: Jan 2003
|
QUOTE(nexona88 @ Aug 24 2015, 12:46 PM) most waiting for 4.50 MYR rate, some even 50 MYR fixed  |
|
|
 Aug 24 2015, 11:24 PM
|
|
Validating
1,525 posts Joined: Oct 2012
|
QUOTE(wil-i-am @ Aug 24 2015, 11:17 PM) The nite is still young http://www.fundsupermart.com.my/main/resea...?articleNo=6200  This post has been edited by netmask8: Aug 24 2015, 11:30 PM |
|
|
Aug 24 2015, 11:25 PM
|
|
All Stars
48,447 posts Joined: Sep 2014 From: REality
|
QUOTE(KVReninem @ Aug 24 2015, 11:22 PM) fixed 1 USD = 50 MYR? so low!    |
|
|
Aug 24 2015, 11:25 PM
|
|
Senior Member
5,369 posts Joined: Jan 2003
|
QUOTE(nexona88 @ Aug 24 2015, 12:55 PM) 1 USD = 50 MYR? so low!  |
|
|
Aug 24 2015, 11:45 PM
|
|
All Stars
18,413 posts Joined: Oct 2010
|
Can't believe there are people who are so happy that RM is in such dire straits when most of the fellow Malaysians are going to suffer.
|
|
Topic ClosedOptions
|
| Change to: |  0.0277sec
 0.28
 6 queries
 GZIP Disabled
Time is now: 8th December 2025 - 05:04 AM |
Quote