example would be forward rates contracts where msia exporters in usd hedge their receivables to mitigate currency risks.

basically futures.



rm speculators...

not difficult to google and find the bnm rules.
http://www.bnm.gov.my/index.php?lang=en&ch...ac=355&eId=box1
http://www.bnm.gov.my/files/publication/ar...6/zcp07_001.pdf

pretty tight. almost impossible for a soros to even try with these rules in place.

so, u can conclude why the rm is so dem weak...

no. i said clearly the opposite - no speculators... where did u get the idea did i implied speculators?!

hedging is strictly a biz concern, not speculating, it cost money to hedge.

i am not expert in this, just trying to help u understand the way i think i do.

do consult others if u need.

if i u find my comments of no use, pls ignore.

looks like no stopping...

asian champion yet again to today.

4.3125, -1.23%.

ya man... this is very bad.

rm -1.7% when other asia-pacific ones mostly lost <0.5%. korean and indon lost 0.9%.

this fall too rapid, will have severe shocks on the whole economy.

if crude continues to fall and the politics remain unchanged, will be very bad news.

dun be so like that...!

somebody said milk price already increased 30%.

if true, that is something to think about....

becos new zealand is in a milk glut (more cows and sheep than people), can give for free!

and new zealand $ is just as weak as rm, so say some people.

but i guess they export in usd... milk exporters gain nzd but lose with excess milk gone bad.

bottomline... other countries currency weak (but not as weak as rm) does us no good, still hurt us as bad as all others.

watch aussie beef, lamb and cheese, u potatoes and fries - these prices will skyrocket in no time.

mcD, pizza H, kfc and others can't hold prices for long...

This post has been edited by AVFAN: Sep 7 2015, 06:55 PM

to remind myself of these meeting dates that will affect the rm, opr, bursa...


sep 9 umno supreme council meeting

sep 11 bnm meeting

sep 16 (potential) red rally

sep 16-17 (sep 18 early morning here) us fed fomc meeting

This post has been edited by AVFAN: Sep 7 2015, 08:48 PM

i think that is not so major.

this is not the first one, been others before.

trouble there will be.

but i think this one is trying to push sales for gold and arms.

fiat money, current world economic system is based on capitalism, man-made, will collapse one day.

but not now, maybe in a couple of hundred yrs time.

there isn't a better way.

not gold, not barter, not going backwards to cavemen time.

all that is just doomsayers prophecies with too many assumptions happening too fast.