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.

u started this thrread in jan, 3.57

u must be one happy person.

not 3.67, should be 3.70.

try tmrw. maybe 3.73!

Hi Guys,

I am recording my account but unsure how do I record this transaction:

- Convert RM80,000 in my Ringgit into my USD account
- Conversion Rate RM3.76/USD
- I received USD21276.60 in my USD account.
- There is no currency exchange gain or lost.

How to I record this transaction? what I can think of is:
Riggit Account credit: 80000
USD Account debit: 21276.60

But the issue is it does not seem balance. Can you please help?
Thank you!

yr prediction is not right yet, but is concurred by that analyst. other analysts may say different. we'll just have to see.
http://www.theedgemarkets.com/my/article/r...isk-oil-slump-0
http://www.theedgemarkets.com/my/article/u...orld-bank-chief
today 3.73. from jan 2015, u already got 2.75% increase. enjoy while it lasts.
not qualified to advise... but just a comment...
selling off house and moving out for good is a major-major decision.
u should not let exchange rates get into the way.
if i am doing it, i will just do it with a major bank, and move on.
one thing, if u rush to sell yr house, this can be a killer - unless u get lucky, u will need to discount significantly.
if possible, take sufficient time to sell. talking from experience!

listen to what da man n da woman say - no pegging. no intervention too, i wud think. rm368billion reserves to be used for...??

Explaining the move was not needed, Chua said: "In 1997, the country's reserves was only RM60 billion but now our reserves have increased to RM386 billion.
...
Zeti has dismissed an imposition of capital controls and repegging of the ringgit to the dollar. She added there is a need for the flexibility to adjust.

meanwhile consumers will just hv to put up whatever prices incr (or decr) come apr1's weak rm+gst effect. we'll be around.

got source to back that up? 

tat I was thinking... BolehLand will only reach 1Tril mark on 2020.. saw on google 

hahaha.. NOPE