ringgit Malaysia drop , how to I change my RM to USD
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 Jul 6 2015, 06:03 PM
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Senior Member
16,872 posts Joined: Jun 2011  
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QUOTE(nexona88 @ Jul 6 2015, 06:01 PM) Zeti is widely regarded as one of the best central bankers in the world, but her term ends next year. Nazir Razak Who will be the next head of Bank Negara?    |
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Jul 6 2015, 06:08 PM
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All Stars
48,459 posts Joined: Sep 2014 From: REality
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QUOTE(Pink Spider @ Jul 6 2015, 06:03 PM) Nazir Razak |
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Jul 6 2015, 06:47 PM
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All Stars
24,454 posts Joined: Nov 2010
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QUOTE(nexona88 @ Jul 6 2015, 03:13 PM) thanks unker jibby.. will get worse trmw.kerana mu skrg rm3.81/usd  oil/gas prices dropped like a stone today, still dropping. wti -4.5%, brent and gas - 2.5%. likely another horror show tmrw... |
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Jul 6 2015, 06:53 PM
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Senior Member
1,588 posts Joined: Oct 2010
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QUOTE(nexona88 @ Jul 6 2015, 06:01 PM) Zeti is widely regarded as one of the best central bankers in the world, but her term ends next year. Is there no possibility of an extension for her term ?Who will be the next head of Bank Negara? BNM is like the only national institution that's internationally recognized as being well managed, pretty thankful for that. |
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Jul 6 2015, 08:59 PM
Show posts by this member only | IPv6 | Post
#825
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Senior Member
10,001 posts Joined: May 2013
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Ooops... 1.00 USD = 3.81428 MYR
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Jul 6 2015, 09:06 PM
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Senior Member
9,361 posts Joined: Aug 2010
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No stopping th onslaught. Too many prbs at home and abroad.
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Jul 6 2015, 09:47 PM
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All Stars
48,459 posts Joined: Sep 2014 From: REality
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QUOTE(AVFAN @ Jul 6 2015, 06:47 PM) will get worse trmw. woah really bad wo.. weaker crude make MYR perform even worse oil/gas prices dropped like a stone today, still dropping. wti -4.5%, brent and gas - 2.5%. likely another horror show tmrw...  |
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Jul 6 2015, 09:49 PM
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All Stars
48,459 posts Joined: Sep 2014 From: REality
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QUOTE(langstrasse @ Jul 6 2015, 06:53 PM) Is there no possibility of an extension for her term ? I also hope for extension but would jibby give his blessing? BNM is like the only national institution that's internationally recognized as being well managed, pretty thankful for that. |
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Jul 6 2015, 10:48 PM
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Senior Member
1,588 posts Joined: Oct 2010
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QUOTE(nexona88 @ Jul 6 2015, 09:49 PM) I also hope for extension but would jibby give his blessing? Damn, does he have a say on the BNM governor post as well ? Too much power concentrated on one position is just a pure recipe for disaster. |
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Jul 6 2015, 11:01 PM
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All Stars
48,459 posts Joined: Sep 2014 From: REality
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QUOTE(langstrasse @ Jul 6 2015, 10:48 PM) Damn, does he have a say on the BNM governor post as well ? Too much power concentrated on one position is just a pure recipe for disaster. Well actually Yang di-Pertuan Agong the one who appoint the Governor (but would get "recommendation" from PM of Malaysia)  |
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Jul 7 2015, 05:57 AM
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Junior Member
340 posts Joined: Jun 2011
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1.00 USD = 3.82530 MYR
US Dollar ↔ Malaysian Ringgit 1 USD = 3.82530 MYR 1 MYR = 0.261418 USD |
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Jul 7 2015, 08:54 AM
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All Stars
11,954 posts Joined: May 2007  
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3.85 for 1 USD
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Jul 7 2015, 11:37 AM
Show posts by this member only | IPv6 | Post
#833
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Senior Member
1,080 posts Joined: Oct 2010
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QUOTE(MNet @ Jul 7 2015, 08:54 AM) 3.85 for 1 USD  |
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Jul 7 2015, 11:39 AM
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All Stars
24,454 posts Joined: Nov 2010
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now:
3.805-3.810 "stable" - do what u need to do! |
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Jul 7 2015, 12:28 PM
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All Stars
21,456 posts Joined: Jul 2012
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MYR/USD=4, MYR/SGD=3 is within reach by year end. |
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Jul 7 2015, 03:29 PM
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Senior Member
10,001 posts Joined: May 2013
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Not much of movement today
1.00 USD = 3.81658 MYR |
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Jul 7 2015, 07:47 PM
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All Stars
24,454 posts Joined: Nov 2010
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QUOTE(wil-i-am @ Jul 7 2015, 03:29 PM) Not much of movement today becos bnm been intervening. the blip was obvious today.1.00 USD = 3.81658 MYR let's see how well bnm will do, how much fx reserves will be spent. QUOTE Malaysian central bank defends ailing ringgit amid political storm By Reuters / Reuters | July 7, 2015 : 7:10 PM MYT SINGAPORE (July 7): Malaysia's central bank intervened for a third successive trading day on Tuesday to support the ringgit currency, traders said, as corruption allegations swirled round Prime Minister Najib Razak, raising doubts over his grip on power. Thanks to Bank Negara's damage limitation, the ringgit has lost only 0.8 percent since the political storm broke on Friday, but it has weakened past an old currency peg of 3.80 per dollar, fixed in September 1998 during the Asian financial crisis and scrapped in 2005. http://www.theedgemarkets.com/my/article/m...political-storm |
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Jul 7 2015, 10:06 PM
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Junior Member
208 posts Joined: Aug 2010
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QUOTE(LoverWhiteBoy @ Jun 25 2015, 02:51 PM) I wanna see that badly, too. Count me in! getting near......maybe reach at the end of this month |
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 Jul 7 2015, 10:47 PM
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Validating
1,525 posts Joined: Oct 2012
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Economy Thesis Question :-
Is weak currency = Boost TOURISM, Surplus Export > Import ? Any idea? Many S'porean / tourists like to spend their money here like KING, while local ppls less travel out or buy imported gadgets. Hence, more surplus inflows > outflows. I agree not to believe, but many tutors gave credit of weak currency benefits. Think from ECONOMY PERSPECTIVE , not politic . You has returned your economy paper to your teacher?  |
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Jul 7 2015, 10:55 PM
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Junior Member
208 posts Joined: Aug 2010
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QUOTE(netmask8 @ Jul 7 2015, 10:47 PM) Economy Thesis Question :- that is why Zimbabwe is good. weak currency and come with a new slogan. Now everyone is a TRILLIONAIRE!Is weak currency = Boost TOURISM, Surplus Export > Import ? Any idea? Many S'porean / tourists like to spend their money here like KING, while local ppls less travel out or buy imported gadgets. Hence, more surplus inflows > outflows. I agree not to believe, but many tutors gave credit of weak currency benefits. Think from ECONOMY PERSPECTIVE , not politic . You has returned your economy paper to your teacher? http://www.theguardian.com/world/2015/jun/...000-old-dollars |
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