where u get that?

this one shows usd 4.1982...!
http://www.bloomberg.com/quote/USDMYR:CUR

Here
30 Aug 2015 05:50 UTC - 31 Aug 2015 05:52 UTC
USD/MYR close:4.17202 low:4.17199 high:4.20227
http://www.xe.com/currencycharts/?from=USD&to=MYR

this one seems a bit higher all round.

plus, effect of the time u pick it up during the ups and downs.


This post has been edited by AVFAN: Aug 31 2015, 02:03 PM

xe.com

Ya, now is 4.1945

After 2 hours, now is close to 4.20 again

bersih over, gomen belittles it.

1mdb, etc. no longer investigated.

bijan and co. in charge with iron grip.

no major variable moving rm.

i think will hanging around 4.20 for some weeks.

might see some significant change with budget 2016 in oct.



but good also... importers, stockists, traders can now go about doing biz at 4.20 without the volatility.

just raise price by 10, 20, 30%.

This post has been edited by AVFAN: Aug 31 2015, 03:42 PM

Hope you are right. I lost hope on RM. If can stay at this level, very good liao. If drop further, not surprised also

Provided there is no major surprises on 4/9 when BNM announce the status of our Reserves @ 28/8

Showtime747,

ASx will be gone long before ASB. ASB will be the last to go. In fact, THE GOVERNMENT may still pay ASB dividend even it is bankrupted due to political reason.

Dreamer

Will be better Reserves as EXPORT > IMPORT, hence this surplus will helps economy. BNM no need to intervene FOREX ..

If ASx is defaulted (gone), there will certainly be a simultaneous "bank run" for ASB as the holders will also be panic. Both funds are ultimately originated from the government. if the government is bankrupt, all their funds will be gone

makes sense

So i guess 4.2 is the max ringgit will drop I hope so cause 4.2 is still alright.

This post has been edited by yolldddd: Aug 31 2015, 11:19 PM

I beg to differ
U didn't took into a/c net outflow of funds by foreigners via redemption of MGS N Equities

ASx invest around 80% of its assets in equities and the bal in bond, money market n cash
In addition, its equity investments in Bursa consists of Blue-Chip companies
Some of those companies r Gamuda, IJM Corp, BAT, Nestle, PPB Group, UMW, AMMB, CIMB, HL Bank, Maybank, Public Bank, RHB Cap, Petronas Chemical, Petronas Gas, Digi, IOI Corp, KLK, IOI Properties, Sunway, Amway, Axiata, IHH, Maxis, MAHB, MISC, Petronas Dagangan, Sime Darby, SKPetro, Tenaga, Telekom, KLCC Property, Sunreit and the list goes on..........
Mind to share Y those companies will go bankrupty which will affect ASx ability to meet unit holders demand?

Sometimes technical just doesn't work:

extract from paultan:

It’s good news again for motorists in Malaysia. Fuel prices for the month of September 2015 have been announced, and RON 95, RON 97 and diesel will all be cheaper from tomorrow (Tuesday).

RON 95 will be priced at RM1.95 per litre (10 sen down compared to August 2015), RON 97 at RM2.35 per litre (10 sen down), diesel at RM1.80 per litre (15 sen down) and Euro 5 Diesel at RM1.90 (15 sen down).

This post has been edited by MGM: Aug 31 2015, 11:48 PM

yeah, those who invest in ASB not "stupid".. when they see others ASx funds "gone", sure there's panic withdraw

last day of the month, good signal. strong bullish pin bar!

Oil skyrockets up to almost $50 a barrel

Oil prices have a long history of violent swings. But even by those standards, crude just experienced an incredibly extreme move.

Just a week ago oil plummeted below $38 a barrel for the first time since 2009 with little end to the pain in sight.

Flash forward to today and oil is racing back to nearly $50 a barrel. That amounts to a 30% spike in the span of merely a week. Over the past three days alone crude enjoyed its largest percentage gain since August 1990, according to The Wall Street Journal.


http://money.cnn.com/2015/08/31/investing/...=hp-toplead-dom