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ringgit Malaysia drop , how to I change my RM to USD
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netmask8
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Aug 23 2015, 11:09 AM
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QUOTE(netmask8 @ Aug 23 2015, 09:52 AM) Major currencies (India, Canada, NZ, Australia) also dropped against strengthening greenback. It is a global issue, as USA FED going to hike 1st interest rate in 9 years. So, don't ever trust 100% photoshop EDIT u saw in social networking, ok? Be rational and critical thinking mind. Have a great day. SGD is dropping a more than 10% too. Thought MAS intervene USD/SGD pair with huge reserve?
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netmask8
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Aug 23 2015, 12:01 PM
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QUOTE(Showtime747 @ Aug 23 2015, 11:21 AM) Just want to let the readers here know you have personal agenda. But I guess my flagging is redundant because everybody here already know your political leaning  Ppls talked abt currency, not political.. Don't trust 100% photoshop EDIT in social networking abt currency. Not only RM dropped against the strengthening greenback, but majority basket of currencies. It is a globe issue, and not here issue only.
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netmask8
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Aug 23 2015, 12:03 PM
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QUOTE(neonikson1 @ Aug 23 2015, 11:55 AM) 10% SDG vs 30% RM? Which country is better protected? If our government is transparent and clean like S'pore, we would have much much more money in our central reserve to rescue the RM!! Look at what is happening now? Government has no money, all the agency is complaining they have not received their funds which was promised during budget 2015. PTPTN loan is cut by 40% and delayed payment to colleges, schools subsidy money is delay and hence TNB issued warning letters to schools to cut electricity, etc. (i can go on and on...) How sad is this????? This is typical example of when a few individuals's scoping up all the resources and let the entire country (rakyat) to suffer!  India, Canada, NZ, Australia, Russia currencies also dropped a lot too. It is a global currency war to depreciate currency to makes competitive EXPORTS.
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netmask8
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Aug 23 2015, 12:12 PM
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QUOTE(neonikson1 @ Aug 23 2015, 11:59 AM) It is free open market.. Why need to intervene the currency uptrend / downtrend ? Weaker currency makes competitive exports, good tourism business and increase ppls saving in bank, as other than basic necessities needs spending in life, ppls will hold purchasing import items that not important(luxury, or demand based needs) ?
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netmask8
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Aug 23 2015, 12:20 PM
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QUOTE(neonikson1 @ Aug 23 2015, 12:08 PM) Showtime bro, are you able to do a list like above by using RM vs other currency? This will be very informational.  Yeah, very informative with many currencies dropped against strengthening greenback.. Many countries are in currency war to depreciate their currencies, to boost competitive EXPORTS and tourism. Thanks for the great information, that linked it to strengthening greenback with 1st interest rate hike by USA FED soon.
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netmask8
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Aug 23 2015, 12:25 PM
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QUOTE(neonikson1 @ Aug 23 2015, 12:16 PM) Why are we comparing with the weak but not with the strong? Even for us to compare with Singapore we should feel extremely shameful! Singapore is only as big as Klang Valley with a population of 5 million. No natural resources what so ever. But they are able to be the most competitive country in the world with a per capita income of USD50k. Do you still need to compare? Why can't our ruler just admit that we have failed? Ppls talked abt currency .. Not country comparison.It is a global currency wars now,.. U open new topic, and talk abt Spore Vs Msia, Chn vs Jpn and Russia Vs Germany on natural resources / land. Which is more successful? Or open new topic abt ruler.
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netmask8
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Aug 23 2015, 12:43 PM
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QUOTE(Bonescythe @ Aug 23 2015, 12:30 PM) If Malaysia currency depreciate because of massive QE to push growth and put more liquidity.. thats good. If Malaysia currency got dump by FF and then currency depreciate... tats bad sheet lolx. Msia debt credit ratings by top 3 agencies in the world is the answer. Let wait and see, rather than many ppls trusted 100% photoshop EDIT that many saw in social networking. Thanks.
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netmask8
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Aug 23 2015, 03:20 PM
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QUOTE(Showtime747 @ Aug 23 2015, 03:08 PM) If your maths in SPM got a pass, you will know any currency quoted in USD or RM will be similar When the boss is stupid, so is the macai  Cannot elaborate, akways linked person to mangali, macai and other so on names called. Or whether maths in spm got a pass or not, it is not yr problem. Be rational and critical thinking mind. U already describes yrself here. Cuurency wars are happening. Perhaps, do more reading will helps than name calling. Still never learn? KNS..
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netmask8
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Aug 23 2015, 03:27 PM
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QUOTE(ohcipala @ Aug 23 2015, 03:24 PM) We all know that currency war is happening but do you get the point why RM is performing worse than a lot of other currency? Perhaps you need to be more open minded and think more critically too Do u know the exact agendas/motives of depreciation of currencies in currency war? Ask that dude that is "smart" and got good maths in SPM. He later will names calling and links everything to political influence.. Have a great day.
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netmask8
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Aug 23 2015, 10:22 PM
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QUOTE(danmooncake @ Aug 23 2015, 09:41 PM) I'm waiting for 4.25 to get on the extra long side of the trade. Big purchase coming - I will try to help the Johor economy. Mari Mari.. almost there.  The only thing that I'm topping up is my next meals and shopping trips to JB.. loving this low rate of the Ringgit!  Smart move. Convert all USD and make big property purchase in JB? Perhaps,Should wait till FED raise 1st interest rate hike in 9 years soon.
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netmask8
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Aug 23 2015, 10:28 PM
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QUOTE(Showtime747 @ Aug 23 2015, 03:34 PM) You are a famous macai in LYN mah...everybody knew it I have shown you cold hard numbers. All you can reply is just rhetorics ? When you can't even understand the simple numbers. What else can I described you ?  Always cannot elaborate, hence links to macai, mangali, and so on names calling. You are very "SMART" with yr good maths grade in SPM. Kid, Your teacher must be very "proud" of you since you wrote nice wordings here.. Keep yr good effort and later, always cannot elaborate, play finger pointing blame game or nice photoshop EDIT .  Hope LYN members trusted 100% yr game and photoshop. This post has been edited by netmask8: Aug 23 2015, 10:31 PM
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netmask8
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Aug 23 2015, 10:43 PM
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QUOTE(nexona88 @ Aug 23 2015, 04:50 PM) don't feel stupid.. u did some great job for newbie  Great job for newbie.  But, still cannot elaborate why the world are playing currency wars. 1) Boost competitive EXPORTS and TOURISM business. 2) Ppls will save more money in Bank, as they will HOLD any purchase other than basic need. If you want to purchase new smartphone and with weaker currency, you want hold and delay the plan. Hence, more cashflow in hand. https://en.wikipedia.org/wiki/Maslow%27s_hierarchy_of_needs
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netmask8
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Aug 24 2015, 11:14 PM
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QUOTE(Ramjade @ Aug 24 2015, 10:23 PM) Drop. Nothing to push up the RM. Profit Taking by ppls holding USD ?
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netmask8
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Aug 26 2015, 08:32 PM
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QUOTE(Showtime747 @ Aug 26 2015, 04:41 PM) With your doom and gloom view on RM and Malaysia economy, why do you still consider any investment in RM ? That's why I am suggesting you putting in your application to migrate. There are many better choices for you U got no rights to ask ppls to migrate, while you are concern and comments here are still referring our beloved country. Be a role model first on migration plan, and do not post any concern here once u out from this beloved country. WHY u care once u successful in yr plan.Have a great day.
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netmask8
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Aug 27 2015, 11:23 AM
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Major and Many Currencies Dropped against Strengthen GreenBACK (US Dollar) . There are many currencies out there.. http://www.tradingeconomics.com/currencies ==> It is USD is getting stronger and stronger, as FED going to hike interest rate. Many hedge funds are relocating their $$$ from emerging market back to USA. In DOUBT, ask and ASK or seek Uncle Google help for own rational critical thinking mind. Do not 100% trust and believe PHOTOSHOP EDIT photos in Social Media/Networking. This post has been edited by netmask8: Aug 27 2015, 11:36 AM
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netmask8
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Aug 31 2015, 10:12 PM
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QUOTE(wil-i-am @ Aug 31 2015, 05:29 PM) Provided there is no major surprises on 4/9 when BNM announce the status of our Reserves @ 28/8 Will be better Reserves as EXPORT > IMPORT, hence this surplus will helps economy. BNM no need to intervene FOREX ..
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netmask8
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Sep 1 2015, 11:17 AM
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QUOTE(wil-i-am @ Sep 1 2015, 11:06 AM) 31 Aug 2015 03:00 UTC - 1 Sep 2015 03:02 UTC USD/MYR close:4.16706 low:4.13886 high:4.20227 USD/MYR could close @ 4.15 today with all the +ve news Good to lock profit-taking, as MYR is stronger after MERDEKA ??
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