I'm quite agree with Hansel's suggestion investing in USD-denominated instruments.
Mind elaborate why maybe not and two edged sword ??

think they know "resistance is futile", so they say.

usd 3.8518 at 5pm.
http://www.bloomberg.com/markets/currencies/asia-pacific
sgd also 2.80.
but... idr, krw and twd gained vs usd today.

we wait for wed's report:

even the sgd strengthened from 2.78 to 2.8 today!
well, i think i have asked twice in this thread, "name one major thing that will help strengthen the rm".

the only right answer i read in all the posts was GST.

yeah, u get flimsy answers like increased exports and increase tourist $... but the data shows otherwise.

the rm problem is due to very bad politics driving bad economics.

keep supporting the bad politics, you will get worse economics.

msians can be blind and deaf but foreign investors and foreign bond holders are not.

please debunk me with good arguments and data.

1.00 USD  = 3.85155 MYR 
Can MYR say Hello to 3.90 by tis week? 

The issue is the USD is also strengthening on its own. Not just the Ringgit falling. So changing to the USD may not be the right thing to do since very soon the US Gov will act to lower the USD. Nobody wants a very strong currency.

I think the best choice for exchange would be the Euro, AUD or SGD.

What's the best place to change such currency? I used to get staff rates at Western Union and changed a small amount to Euro a few months back at 3.93. How I wish I had changed more.

If look at trade deficit, current account deficit, Aud fundamental is actually quite weak.

There is no "safe" currencies at the moment, every currencies has its own issues and problem, except USD.
Even for so called "inflation hedge" gold also has its own downward pressure.

Nowhere to hide... 

That's why USD is "super" strong now, as "nowhere to hide".
Now nobody talk about trillion of debt of US, but only interest hike. 

when it involve unknowns and therefore risks, it surely is a gamble!

my take is aud is the one to avoid; looking like falling further.
few reasons for this one to appr until their iron ore sales to china increase again.
further int rate cuts is possible.
usd strength will continue until we see the first rate hike in sep or dec. it is the expectation of this that is driving the $ bulls.
if by year end there is no hike, it may be seen as the fed is unconvinced it is time to hike; the $ bulls will retreat, i believe.
so, between now and dec, i expect the $ to stay strong.

sgd is probably the best overall bet. mas may let it float around a wider band but has enough muscle to keep it to an an optimal level for sg economy like it always does. i see this one depr marginally with usd but will gain on the rm for a long time.

happy buying or selling foreign currencies!

Alright guys, the legend who predicted MYR will drop to RM4 is right here, anybody want signature from me xD?

Changing into RM = profits. After that, it's up to me whether i want to convert again or buy AUD or anything in future. I do not need to explain how i manage my monies, who are you to judge my monies? I am shocked to see an elite member acting in an idiotic ways.

Whether it does make sense or not, it's my monies. I can or may do anything to my monies. I do not need your instructions or questions and i definitely would not change my mind just because of your ironic questions. Stop dreaming

Till here, We stop.

-End Of Discussion-

Just prepare cash after this lor.. now a lot of young ppl so hardup to buy house. After this, a lot of companies are going to do badly. Many companies will cut down expenses and unemployment rate will go up. What do you think happens if unemployment goes up? people start to cut down expenses and spend less. Those who might lose their jobs cant sleep in peace every night cause they think about house loan, children's education, putting food on the table, etc. Mind you that the unemployment rate has been slowly creeping up even though our country is still having a comfortable GDP increment of 4.5%.

Imagine what happens if we have only a 1.2-2% GDP.. Our neighbours (Singapore,Thailand,India, etc) have all increased their interest rates to stem the flow of foreign money outflows. Bank Negara have not even started using interest rates to counter outflows yet. For people like you and me, it will be good if you have a lot of savings in the bank as banks are desperate for deposits and any increments in interest rates will see your deposits slowly grow. However, if you have a lot of debts compared to deposits and you still day dreaming.. better be careful, any increase in interest rates + unemployment + less bonus + less increment is going to be like a lawn mower, chewing you up on the inside..

yep, the oz one was good.

people expected a rate cut but the central banker stood firm, displayed confidence, people bought it.

zeti spoke several times, nobody bought it. why?

maybe too many big questions unanswered, u know what questions.

they now call it TRUST DEFICIT.

i saw that term 3 times in 2 days.

only one from the power camp so far.

the rest are all still point fingers to "external":

cutting it like cheese cake... 3.956.

ya, watch the china yuan devaluation effects...

u may be quick, bnm may not be.

for the faint hearted, better dun look at usd but look at aud, u'll be happier.

aud is rm2.93x only, still cheap.