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

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SUSMNet
post Apr 23 2015, 08:28 PM

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QUOTE(Hansel @ Apr 14 2015, 11:33 AM)
Forex interventn needs capitl, so BNM taps ths captal frm its forex hldings, causng the amt of holdings to drop. The lesser holdings we hav, it translates into the poorer we are on the world stage. Wth this low forex holdings, we cant even peg anymore because no more money to defend a peg.

Now turning to issuing bonds in USD to strengthn forx holdngs. I wonder wht will the bonds be rated as, and if there are really takers for the bonds.
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why last time we can peg rm3.8=usd1

now cannot?
SUSMNet
post Jul 7 2015, 08:54 AM

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3.85 for 1 USD
SUSMNet
post Jul 21 2015, 10:03 PM

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maybank still remain RM3.8540=1USD
SUSMNet
post Jul 27 2015, 07:52 PM

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3.8580 = 1usd
SUSMNet
post Jul 27 2015, 09:05 PM

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maybank coz this is the rate that we deal.

3.81510 rate is non added spread thus cannot reflect real effect to citizen
SUSMNet
post Jul 27 2015, 09:20 PM

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which bank?
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post Aug 1 2015, 10:23 AM

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How to bot at public bank @ 3.8185 ?
SUSMNet
post Sep 6 2015, 09:29 AM

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QUOTE(wil-i-am @ Sep 5 2015, 08:39 PM)
Most Banks require min sum of RM250k for individuals with net assets < RM3 mil
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Who say min 250k?

I'm using these now https://www.alliancebank.com.my/AllianceXChange#overview-tab

Only 500USD min to open account
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