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 ringgit Malaysia drop , how to I change my RM to USD

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SUSsupersound
post Jul 1 2015, 02:21 AM

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QUOTE(Zanmai0146 @ Jul 1 2015, 02:18 AM)
Actually I'm worried to hand over millions to my kids, scare they will never learn. End up failure. Most nightmare is gamblers.
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Don't worry, millionaire father will only have bankrupt children.
Like 1-2 years back(or older), a skin specialist's son committed suicide and success. The reason is, he got rejected by a girl doh.gif
Zanmai0146
post Jul 1 2015, 02:27 AM

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QUOTE(supersound @ Jul 1 2015, 02:21 AM)
Don't worry, millionaire father will only have bankrupt children.
Like 1-2 years back(or older), a skin specialist's son committed suicide and success. The reason is, he got rejected by a girl doh.gif
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We should move our conversation to the retirement thread bro.
cherroy
post Jul 1 2015, 08:54 AM

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A little surprise that Fitch revise the outlook to stable.

http://www.thestar.com.my/News/Nation/2015...laysia-outlook/

I guess the collection of GST that exceed expectation and fiscal situation improvement is the major reason.
Ramjade
post Jul 1 2015, 09:57 AM

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QUOTE(Zanmai0146 @ Jul 1 2015, 02:18 AM)
Actually I'm worried to hand over millions to my kids, scare they will never learn. End up failure. Most nightmare is gamblers.
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That's why train them from small. Don't be a yes man to them. Learn to say no to them. If you become yes man to them, they will be spoil brat. Also teach them the value of money.
netmask8
post Jul 1 2015, 10:11 AM

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Fitch maintained Malaysia rating as A- and upgraded outlook from negative to stable. Ringgit will bounce against major currencies?

Yveatel
post Jul 1 2015, 10:14 AM

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QUOTE(Ramjade @ Jul 1 2015, 09:57 AM)
That's why train them from small. Don't be a yes man to them. Learn to say no to them. If you become yes man to them, they will be spoil brat. Also teach them the value of money.
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I like your teaching notworthy.gif I will do the same...
Zanmai0146
post Jul 1 2015, 10:18 AM

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QUOTE(Ramjade @ Jul 1 2015, 09:57 AM)
That's why train them from small. Don't be a yes man to them. Learn to say no to them. If you become yes man to them, they will be spoil brat. Also teach them the value of money.
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I agree with your opinion, yet they still need to learn & survive in the future.
wil-i-am
post Jul 1 2015, 11:03 AM

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Well done
1.00 USD = 3.73880 MYR
AVFAN
post Jul 1 2015, 11:52 AM

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QUOTE(wil-i-am @ Jul 1 2015, 11:03 AM)
Well done
1.00 USD  = 3.73880 MYR
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high time it get a little boost, stabilize at 3.73-3.75.

that will ease some pressure off imported prices.

enjoy while it lasts! tongue.gif
Hansel
post Jul 1 2015, 11:55 AM

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QUOTE(cherroy @ Jul 1 2015, 09:54 AM)
A little surprise that Fitch revise the outlook to stable.

http://www.thestar.com.my/News/Nation/2015...laysia-outlook/

I guess the collection of GST that exceed expectation and fiscal situation improvement is the major reason.
*
Perhaps we wil never know the real reasons - cld be BNM governer's speech is convincing,.... could be gov't went on a basis of : I help you and you help me.

Ifyou look at a few pgs back, I belivd I did mntion that there could be surprises. THis is the one now. Lets see how much wil the RM rebound before it start to turn agin. Yes, it wil turn again, can't tahan on the uptrned for too long.
nexona88
post Jul 1 2015, 11:59 AM

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I guess should be both BNM governer statement & "I help you and you help me" thingy blush.gif
Hansel
post Jul 1 2015, 12:45 PM

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QUOTE(Hansel @ Jul 1 2015, 12:55 PM)
Perhaps we wil never know the real reasons - cld be BNM governer's speech is convincing,.... could be gov't went on a basis of : I help you and you help me.

Ifyou look at a few pgs back, I belivd I did mntion that there could be surprises. THis is the one now. Lets see how much wil the RM rebound before it start to turn agin. Yes, it wil turn again, can't tahan on the uptrned for too long.
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Haha,...I'm happy I know my risk management strategy. Just a self-satisfaction thing here,... Tq nexona.. for the supportive sentence.
SUSsupersound
post Jul 1 2015, 01:05 PM

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QUOTE(Hansel @ Jul 1 2015, 11:55 AM)
Perhaps we wil never know the real reasons - cld be BNM governer's speech is convincing,.... could be gov't went on a basis of : I help you and you help me.

Ifyou look at a few pgs back, I belivd I did mntion that there could be surprises. THis is the one now. Lets see how much wil the RM rebound before it start to turn agin. Yes, it wil turn again, can't tahan on the uptrned for too long.
*
Do you know why Chinese old timers call westerners as kuai lou? As they are ghost. What does ghost do? They only do bad things.
That's why before Fitch give us the rating, they keep on call wolf is coming. But the fact is, on top of the table they are calling wolf with right hand, their left hand are hide below the table asking us to pay them in order to twist the rating.
That old fat lady really have say in the world scene? Nope she don't have.
Anything relating to speculations will go up or go down, you won't know unless you are the main player that has all the controls. Like EPL, if I want, I can throw few billions to buy MU vs Chelsea with at 89 minutes, Chelsea whack MU 10:0.
nexona88
post Jul 1 2015, 02:03 PM

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The Malaysian government said Fitch Ratings move to upgrade the country's debt outlook reflected a "fair and balanced" view of policy makers' commitment to sound macroeconomic policies and fiscal reforms tongue.gif

- See more at: http://www.themalaysianinsider.com/malaysi...h.WV1HWyfg.dpuf
Zanmai0146
post Jul 1 2015, 02:11 PM

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QUOTE(AVFAN @ Jul 1 2015, 11:52 AM)
high time it get a little boost, stabilize at 3.73-3.75.

that will ease some pressure off imported prices.

enjoy while it lasts! tongue.gif
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TBH, what the real stuff to export from Malaysia tho? laugh.gif
AVFAN
post Jul 1 2015, 02:33 PM

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QUOTE(Zanmai0146 @ Jul 1 2015, 02:11 PM)
TBH, what the real stuff to export from Malaysia tho? laugh.gif
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hey.... we import a lot of stuff la...

rice, onions, garlic, sugar, flour, beef... mobile phones, av equipment, tablets, cars, trucks, buses.

we don't make many things, u know. laugh.gif
Zanmai0146
post Jul 1 2015, 02:38 PM

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QUOTE(AVFAN @ Jul 1 2015, 02:33 PM)
hey.... we import a lot of stuff la...

rice, onions, garlic, sugar, flour, beef... mobile phones, av equipment, tablets, cars, trucks, buses.

we don't make many things, u know. laugh.gif
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brows.gif mind to elaborate?
nexona88
post Jul 1 2015, 04:20 PM

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Ringgit likely to still breach 3.80 despite Fitch downgrade reprieve, say analysts
http://www.theedgemarkets.com/my/article/r...ve-say-analysts


baru mau happy2 sikit, now say still can reach 3.80 cry.gif
Zanmai0146
post Jul 1 2015, 04:28 PM

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QUOTE(nexona88 @ Jul 1 2015, 04:20 PM)
Ringgit likely to still breach 3.80 despite Fitch downgrade reprieve, say analysts
http://www.theedgemarkets.com/my/article/r...ve-say-analysts
baru mau happy2 sikit, now say still can reach 3.80 cry.gif
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Najib don agree to... brows.gif
AVFAN
post Jul 1 2015, 04:56 PM

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QUOTE(nexona88 @ Jul 1 2015, 04:20 PM)
Ringgit likely to still breach 3.80 despite Fitch downgrade reprieve, say analysts
http://www.theedgemarkets.com/my/article/r...ve-say-analysts
baru mau happy2 sikit, now say still can reach 3.80 cry.gif
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not so fast, i hope.

if it goes to 3.80 this week, this fitch rating is really a waste of time! biggrin.gif



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