not at all.
where u were in 1997?
usd/rm = 3.80. fd rates >10%.
the big question to ask now is what will help strengthen rm and if these elements are there or will happen?

Last time it falls to RM4.40 but the government have enough reserved to circulate the money .. till now RM ever got to 3.0 = 1usd. Last time it was like 2.7 = 1usd. How many years now and we still can't recover below 3.0 = 1usd.
And now with all the shits that happen .. I doubt we can recover to 3.0 or yet we might go 5.0 = 1usd and stay there for a couple of years.

i bought USD100k @ 3.78.. i will sell it when it reach 4

Am I right to say that if bank outside Malaysia is selling Ringgit cheap due to supply more than demand, our BNM needs to use US dollar from reserve fund to buy back the ringgit in order not to drop further?

Is there any rules mentioning that each country at least need to keep how much USD in their reserve? Or by percentage based on the country GDP?

Coming soon or just dream?

MGM,

What suffering?? The 3 millions UMNO members do not think anything is wrong.

"Don't worry, be happy!!!"

and

"Not too bad!!"

There is NO PROBLEM.

Civil servants will probably get a pay raise to cover the inflation..  Ditto for GLC employees and FELDA settlers...

Dreamer

Heys, actually, I've already disposed all my shares early this year. I don't mind not making these few months cause parking everything in PBB's FD is safe and risk free. True enough, market went down by so much. I'm targetting 1k-1.2k in Bursa index.

Propertywise, 2017 will be good to buy, as 2013 was our peak and many of the launches are expected to be completed in 2016. However, I'll have to buy next year, might lose a bit but because I have no choice (due to personal reasons).

Let's just say, I got very strong reason to believe that market go down the next few years. Sorry, can't reveal my sources, but my contacts come from one of the largest investment banks in the world. 

Anyway enjoy the bumpy road downwards. See you guys at 1k-1.2k.

Yea and I lefted this thread for a long long time.

The legend is here

tt has a worse rate.

sell usd to get 4.25, wait for 4.30.

crude still falling, possible this or next week.

now 4.213.
see how oil exporting country floated currencies jive brent?

rm is probably less correlated since oil exports is not that much.

still, if rm is put on the chart, probably similar pattern.

Is RM appreciating/depreciating against INR ?

This month oil price in USD drop a little but MYR drop a lot.
Maybe petrol increase by RM0.15 to RM0.30. So remember to fill your tank.
Another round of inflation coming. The dominoes are all in place.

Let me give a better illustration on Monthly candlestick chart. 1 candle = 1 month.
You will be better able to see how petrol price will increase the most next month.
You can predict based on previous month petrol price setting.

like what unker dreamer says, will use ASx money to cover