every currency gained over it.
asian top gainers today are rm and nzd, +0.9%.
idr, twd and krw +0.8%.
wanna buy usd now?
USD/MYR drop, V2
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 Oct 5 2015, 03:27 PM
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All Stars
24,456 posts Joined: Nov 2010 
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usd is surely weak today, as expected.
every currency gained over it. asian top gainers today are rm and nzd, +0.9%. idr, twd and krw +0.8%. wanna buy usd now? |
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Oct 5 2015, 06:08 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(AVFAN @ Oct 5 2015, 03:27 PM) usd is surely weak today, as expected. Your prediction is right every currency gained over it. asian top gainers today are rm and nzd, +0.9%. idr, twd and krw +0.8%. wanna buy usd now?   USD 4.36737. While other currencies remain relatively stable I think it has further room to go down. If around <4.3000 then good opportunity ! |
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Oct 5 2015, 06:13 PM
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All Stars
24,456 posts Joined: Nov 2010
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QUOTE(Showtime747 @ Oct 5 2015, 06:08 PM) Your prediction is right 4.20-4.30 is good. USD 4.36737. While other currencies remain relatively stable I think it has further room to go down. If around <4.3000 then good opportunity ! biz must go on, there must be some room to breathe, to plan. usd will not strengthen unless and until fed people get hawkish again. |
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Oct 5 2015, 06:44 PM
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Junior Member
118 posts Joined: Oct 2011 From: Black Mesa 
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Now that USD has dropped just a little bit, looking forward to the online shopping (eg. on eBay) one again lol...
Currently 1 USD = 4.38xx - 4.37xx (but just not too many days ago 1 USD = 4.48xx - 4.49xx!) Currently 1 SGD = 3.050 (still unchanging since the past few days...) --- This post has been edited by kEITh_22b: Oct 5 2015, 06:47 PM |
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Oct 5 2015, 07:54 PM
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Senior Member
5,867 posts Joined: Feb 2006
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Congratulation to those who think ringgit depreciation is good for the rakyat and will not be impacted by the depreciation if one consume locally.
Perodua Malaysia has rewarded you with the increase of RM1k OTR price for the best seller model Axia 1.0 Standard G variant effective from 1st Oct. This post has been edited by aeiou228: Oct 5 2015, 07:59 PM |
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Oct 5 2015, 08:10 PM
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All Stars
48,479 posts Joined: Sep 2014 From: REality
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QUOTE(aeiou228 @ Oct 5 2015, 07:54 PM) Congratulation to those who think ringgit depreciation is good for the rakyat and will not be impacted by the depreciation if one consume locally. more companies would announce price hike for their car prices Perodua Malaysia has rewarded you with the increase of RM1k OTR price for the best seller model Axia 1.0 Standard G variant effective from 1st Oct.   |
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Oct 5 2015, 10:44 PM
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All Stars
48,479 posts Joined: Sep 2014 From: REality
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5 Oct 2015 02:30 UTC - 5 Oct 2015 14:39 UTC
USD/MYR close:4.37035 low:4.35470 high:4.41000 |
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Oct 6 2015, 07:22 AM
Show posts by this member only | IPv6 | Post
#1248
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Senior Member
5,752 posts Joined: Jan 2012
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If TPP sealed. Any impact on this?
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Oct 6 2015, 08:49 AM
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Senior Member
10,001 posts Joined: May 2013
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Car prices to be raised to cope with falling ringgit
http://www.nst.com.my/news/2015/10/car-pri...falling-ringgit Toyota follow its sister, Perodua footstep |
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Oct 6 2015, 09:00 AM
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All Stars
24,369 posts Joined: Feb 2011
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QUOTE(wil-i-am @ Oct 6 2015, 08:49 AM) Car prices to be raised to cope with falling ringgit The first of many to come. The increase in price wave have started.http://www.nst.com.my/news/2015/10/car-pri...falling-ringgit Toyota follow its sister, Perodua footstep |
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Oct 6 2015, 10:50 AM
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Senior Member
4,258 posts Joined: Nov 2012
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USD looks weak this week. A piece of bad news last Friday sent it down. Looks like last week's level of ~4.45xx is a very strong resistance. Even 4.40 is hard to break. But at the same time it hardly fall further down below ~4.35xx. Looks like a good support point. Very tight range.
Used to those +1% or 2% a day increase. Now feel boring  |
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Oct 6 2015, 11:11 AM
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Senior Member
9,361 posts Joined: Aug 2010
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If the USD does turn around against the MYR, preferably back to, say 4.00, then we must watch if prices of things go back down as they were earlier,... I don't think so.
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Oct 6 2015, 11:52 AM
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All Stars
24,369 posts Joined: Feb 2011
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QUOTE(Hansel @ Oct 6 2015, 11:11 AM) If the USD does turn around against the MYR, preferably back to, say 4.00, then we must watch if prices of things go back down as they were earlier,... I don't think so. You wish. Once up will never drop |
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Oct 6 2015, 12:35 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(Hansel @ Oct 6 2015, 11:11 AM) If the USD does turn around against the MYR, preferably back to, say 4.00, then we must watch if prices of things go back down as they were earlier,... I don't think so. Last time, when Yen surged time, car dealers said Yen surged, so car price needs to be adjusted up.But when Yen plunged 40% after Abenomics policy just few years ago, did we see car price adjusted downwards? |
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Oct 6 2015, 01:18 PM
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Senior Member
1,548 posts Joined: Apr 2005
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QUOTE(AVFAN @ Oct 4 2015, 07:41 PM) that is true. Can try yahoo. Got more ranges: Yahoo MYR USDmy fav way to get a quick idea: check out these bloomberg charts, can do plot usd vs many currencies for 1 month, 1 yr, 10 yrs... http://www.bloomberg.com/quote/USDMYR:CUR if u do usd vs rm, brazilian real, mexican peso and south african rand, you will see: .. in last 1 yr, rm has done worse than mexico and south africa but better than brazil .. in last 1 mth, rm has done worse than all 3 i am curious why in last 1 month, rm did not recover as much as the other 3 with mexico and south africa actually strengthening vs usd... brazil and msia share 3 things in common today - oil & gas exporter, massive corruption and head of gomen hugely unpopular. but msia has one more dimension the other 3 don't have or not as much at the present time - racism and religious bigotry. do not assume investors local or foreign are blind to those variables. the rest, i leave it to you. |
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Oct 6 2015, 01:20 PM
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Senior Member
1,548 posts Joined: Apr 2005
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QUOTE(elea88 @ Oct 5 2015, 10:22 AM) i agree, its the props investment that are inmobile and stuck at the moment.... You can always sell a property. It just depends on the price on how long it takes. |
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Oct 6 2015, 01:23 PM
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Senior Member
1,548 posts Joined: Apr 2005
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QUOTE(wil-i-am @ Oct 6 2015, 08:49 AM) Car prices to be raised to cope with falling ringgit Wow, up to 16%.http://www.nst.com.my/news/2015/10/car-pri...falling-ringgit Toyota follow its sister, Perodua footstep |
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Oct 6 2015, 01:56 PM
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Senior Member
9,361 posts Joined: Aug 2010
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QUOTE(cherroy @ Oct 6 2015, 12:35 PM) Last time, when Yen surged time, car dealers said Yen surged, so car price needs to be adjusted up. " You wish. Once up will never drop "But when Yen plunged 40% after Abenomics policy just few years ago, did we see car price adjusted downwards? As I thought so. I did say the above in previous few postings,... but had wishful thinking I was wrong. So, it means we have lost our purchasing power forever. Now we need to see how much more we will lose this purchasing power before goods and and services stop appreciating.... Spend the SGD or the USD in Malaysia. |
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Oct 6 2015, 03:27 PM
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All Stars
18,428 posts Joined: Oct 2010
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QUOTE(prody @ Oct 6 2015, 01:23 PM) Wow, up to 16%. But a Honda Accord price has gone up only 30% since 20 years ago. |
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Oct 6 2015, 03:39 PM
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Senior Member
1,548 posts Joined: Apr 2005
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QUOTE(MGM @ Oct 6 2015, 03:27 PM) But a Honda Accord price has gone up only 30% since 20 years ago. If the Ringgit stays this weak that number is about to change dramatically. |
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