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USD/MYR drop, V2
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kerbau
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 Nov 12 2015, 12:38 PM
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New Member
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QUOTE(Showtime747 @ Nov 12 2015, 12:09 PM) They are not sochai. In fact they are very smart. In the sense that they know who matters the most to them Contrary to most of us believe, "his" position is very secured. No one can touch him now. He actually sleeps very soundly at night. He has his grassroot firmly behind his back. Looking at his position and what he can do, RM appreciation will be the by product So am guessing whatever can be dug out abt the donations cannot touch him in anyway inside this country? |
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Showtime747
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Nov 12 2015, 12:41 PM
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QUOTE(AVFAN @ Nov 12 2015, 12:14 PM)  but... the demi god has been at it for >1 yrs now. rm still going down wor...  Yes, the sh*t is caused by the demi god, and must be solved by the demi god |
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Showtime747
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Nov 12 2015, 12:43 PM
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QUOTE(kerbau @ Nov 12 2015, 12:38 PM) So am guessing whatever can be dug out abt the donations cannot touch him in anyway inside this country? Looks like it. He plays the game very well |
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TSwil-i-am
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Nov 12 2015, 01:47 PM
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QUOTE(prophetjul @ Nov 12 2015, 11:55 AM) Anyone who can help out is welcome! Some bankers define as govt linked institutions |
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prophetjul
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Nov 12 2015, 01:48 PM
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QUOTE(Showtime747 @ Nov 12 2015, 12:09 PM) They are not sochai. In fact they are very smart. In the sense that they know who matters the most to them Contrary to most of us believe, "his" position is very secured. No one can touch him now. He actually sleeps very soundly at night. He has his grassroot firmly behind his back. Depending on the situation closer to GE14, he can choose to continue or pass the baton to his own people. He can "cross control" them just in case any one of them go against his will, one can replace the other. He already has this plan B. If he thinks the 2.6 issue fades away before 2018, then he will carry on with the desired plan A Now all he needs to do is manage the "elders" and "foreign funds and credit agencies". Urban voters is the least of his worries. Tol will not affect them. Subsidies like petrol, rice, electricity etc can be reimburse through brim. Whereas GST increase will make the credit agencies happy Looking at his position and what he can do, RM appreciation will be the by product I meant sochai like me!  Yeah. There are many smart strategists in their team. i sure hope your are right. About the ringgit. i am paying lots of AUD which is very strong presently |
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prophetjul
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Nov 12 2015, 01:50 PM
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QUOTE(wil-i-am @ Nov 12 2015, 01:47 PM) Some bankers define as govt linked institutions i MAY-help-you BANK. |
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cpng75
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Nov 12 2015, 10:47 PM
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Getting Started
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Bond market hit another high volume about $1.8 billions and the 10 years bond yield climb to 4.33%. Another new outflows on the way. http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyield |
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TSwil-i-am
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Nov 12 2015, 10:52 PM
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QUOTE(cpng75 @ Nov 12 2015, 10:47 PM) Bond market hit another high volume about $1.8 billions and the 10 years bond yield climb to 4.33%. Another new outflows on the way. http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyieldLocal institutions will absorb any negative impact |
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nexona88
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Nov 12 2015, 10:53 PM
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1.00 USD = 4.38185 MYR
1.00 SGD = 3.08779 MYR
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AVFAN
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Nov 12 2015, 11:48 PM
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QUOTE(cpng75 @ Nov 12 2015, 10:47 PM) Bond market hit another high volume about $1.8 billions and the 10 years bond yield climb to 4.33%. Another new outflows on the way. http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyieldit was holding good at 4.1x% for many days. this is probably due to petronas' poor report card and crude falling yet again. mgs holders know we WILL be borrowing more money. crude went below 42 just now, heading for 40, i think. the pain is not over. This post has been edited by AVFAN: Nov 12 2015, 11:50 PM |
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TSwil-i-am
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Nov 13 2015, 06:53 AM
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QUOTE(AVFAN @ Nov 12 2015, 11:48 PM) it was holding good at 4.1x% for many days. this is probably due to petronas' poor report card and crude falling yet again. mgs holders know we WILL be borrowing more money. crude went below 42 just now, heading for 40, i think. the pain is not over. All tis data is just the tip of the iceberg  |
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chengcheng
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Nov 13 2015, 07:40 AM
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Getting Started
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Oil slumps 4 percent ...
What will happen to RM today?
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Kaka23
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Nov 13 2015, 07:50 AM
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QUOTE(nexona88 @ Nov 12 2015, 10:53 PM) 1.00 USD = 4.38185 MYR 1.00 SGD = 3.08779 MYR  |
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Kaka23
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Nov 13 2015, 07:52 AM
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QUOTE(chengcheng @ Nov 13 2015, 07:40 AM) Oil slumps 4 percent ... What will happen to RM today? I dont even to see.. this RM thingy really affecting me la.. |
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prophetjul
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Nov 13 2015, 08:13 AM
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QUOTE(Kaka23 @ Nov 13 2015, 07:52 AM) I dont even to see.. this RM thingy really affecting me la.. Why is RM thingy affecting you? i am sending 2 children to Aus. That's how it's affecting me.  |
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cherroy
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Nov 13 2015, 08:23 AM
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20k VIP Club
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QUOTE(prophetjul @ Nov 13 2015, 08:13 AM) Why is RM thingy affecting you? i am sending 2 children to Aus. That's how it's affecting me. Aussie is not appreciating against RM too much as compared to USD or GBP. It is those sending kids to US and UK that headache the most if not hedging or bought the currency prior before hand. Tuition fee suddenly cost nearly 30% more.  I knew because years ago, I bought Aussie at Rm2.9x and 3.0x level before. Last time it went as high as 3.1x to 3.20 level. |
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prophetjul
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Nov 13 2015, 08:39 AM
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QUOTE(cherroy @ Nov 13 2015, 08:23 AM) Aussie is not appreciating against RM too much as compared to USD or GBP. It is those sending kids to US and UK that headache the most if not hedging or bought the currency prior before hand. Tuition fee suddenly cost nearly 30% more. I knew because years ago, I bought Aussie at Rm2.9x and 3.0x level before. Last time it went as high as 3.1x to 3.20 level. BUT BUT i was so used to the 2.70 levels! i bot in June? at 2.70.....now its slowly creeping up to 3.2 That's 18%. Not too littlewhen you are spending in excess of MYR300k a year! |
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Showtime747
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Nov 13 2015, 08:41 AM
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QUOTE(prophetjul @ Nov 13 2015, 08:13 AM) Why is RM thingy affecting you? i am sending 2 children to Aus. That's how it's affecting me. Look at the 10 year AUD/MYR chart. You are still below the highs between 2009-2013. RM strengthen only since 2013-2015. Aussie dollar is still relatively low compare to US$/SGD/RMB/GBP Bersyukur |
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cherroy
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Nov 13 2015, 08:47 AM
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20k VIP Club
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QUOTE(Showtime747 @ Nov 13 2015, 08:41 AM) Look at the 10 year AUD/MYR chart. You are still below the highs between 2009-2013. RM strengthen only since 2013-2015. Aussie dollar is still relatively low compare to US$/SGD/RMB/GBP Bersyukur Aussie fundamental actually is much weaker than RM. Slow growth, low interest rate (potential being cut further), current account deficit, trade balance deficit. |
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prophetjul
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Nov 13 2015, 08:47 AM
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QUOTE(Showtime747 @ Nov 13 2015, 08:41 AM) Look at the 10 year AUD/MYR chart. You are still below the highs between 2009-2013. RM strengthen only since 2013-2015. Aussie dollar is still relatively low compare to US$/SGD/RMB/GBP Bersyukur One must never be Syukur. Its called stagnating! |
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