i share yr pain... n i bet almost everyone here is thinking about that. action or not, that's the question...

the trouble is not just declining oil n commodity prices but the foreign sell off, illicit capital outflows, imdb bomb about to explode, flood damages, mas-airasia disasters' negativism. all that takes sentiments n confidence to a low low.

but there is an argument that rm has improved over aud, yen... and hundreds of bil of reserves to the rescue later... so...??

money changer... the spread is big, no int/div =  very costly.

no sure answer for u, but suggest u take a look at foreign funds/bourse, e.g. singapore reits which give dividends or us etfs.

check the section, the threads r there.

so its a good time to hold some aud/yen at this point? I spend a lot of US dollars and this exchange rate is killing me

this is always the question - is it too early or too late to do it now?

nobody knows... but we do know:

.. just about all currencies have declined against usd incl aud n yen.
.. aud has not fared better than rm; worse, in fact.
.. aud recovery will have to come from strong demand in commodities incl iron ore which looks unlikely for now.
.. there has been scanty reports of some usd profit taking of late
.. us int rate hike now expected in june but is not a sure thing, may be later
.. "buy on the rumur, sell on the news"?!

if u spend usd regularly, why bother with aud or yen? why not just buy n hold usd?

10 Mar 2015 06:50 UTC - 11 Mar 2015 06:55 UTC
USD/MYR close:3.70295 low:3.68850 high:3.72175

That will not happened. Ringgit will be pegged.

so sad to see ringgit keep devalued. I believe those msian who earn sgd are laughing to the bank as always.

You earning RM?

I dont think the current condition will allow that to happen. not in the near future at least.

u mean they will try to peg or not peg?

so far, there is little evidence bnm has even intervened...

i think it will not peg in near future.

I am just looking at the trend, last peg was done during the reign of Dr.M era which pretty much practice anti west policies and more to the pro east policies.

Looking at the current reigning leader with the "good" relation to the west with all its golfing,etc. I am guessing there should be huge investment done in USD and what not. So dont make sense to me if they going to peg it soon.

I may be wrong, i dont know.