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

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, its just based on my observation.

This post has been edited by stanzai: Mar 16 2015, 08:59 AM

Yup got it from my bank too..its 3.76 now.
GST effect and 1MDB kicked in yo.

Now 3.78

1 USD = 4.28 MYR

Despite the national reserve up.
http://www.thestar.com.my/Business/Busines...g-28/?style=biz

Unconvincing US job data with a possible interest rate hike.
http://www.reuters.com/article/2015/09/04/...N0R401520150904

Not to mention the oil price

I would very much interested to see our KLCI index on Monday.

This post has been edited by stanzai: Sep 4 2015, 11:32 PM