I beg to differ for the period of the whole last week. The SGD has been WEAKENING against the MYR. Now contemplating heavily to convert into the SGD........

regret didn't buy USD when it was cheaper.

now want to travel to US but so expensive.

now?? feel so painful to buy now.

but FED is expected to raise rate right? so USD/MYR will go even higher?

Credit Suisse expects the currency may be the big gainer, with the asset sale positive both for potential inflows and lower perceived political risks.

"The receipt of 9.8 billion ringgit is quite sizeable for capital account flows, at around a third of net financial outflows in the third quarter of this year," Credit Suisse said in a note Wednesday. "This will likely provide some support to the currency if the funds come after February."

The bank now expects the dollar will fetch 4.20 ringgit in three months and 4.40 ringgit in 12 months, down from its previous forecasts of 4.50 and 4.60 ringgit respectively. At midday Thursday, the dollar was fetching 4.210 ringgit.
http://www.cnbc.com/2015/11/25/1mdb-asset-...out-stocks.html

Despite gud news, MYR hardly appreciate

Will MYR goes up if interest rates goes up?

Will MYR goes up if interest rates goes up?

if you mean msia rates and not us rates... yes, of course.

question is if you think there is a higher chance for rate hike or rate cut in next year or so.

or no change year after year.

I opine that even if BNM int rates go up, the MYR will not strengthen that much. The price of oil and other factors will still prevail over the MYR.

that, of course.

rate hike when everything else remains constant will boost the rm, like any currency anywhere.

i actually a see a rate cut in the next 6-12 months.

i am forecasting poor gdp figures for the next 2-3 qtrs.

becos of what many retailers said.

and me... still same old car, same old tv...

Can start to short USD now 

you just bought usd la...
anyway, for interested parties... fed meeting is wed dec 16 which is early thu dec 17 here.

market now priced in 74% of rate hike.

you just bought usd la...
anyway, for interested parties... fed meeting is wed dec 16 which is early thu dec 17 here.

market now priced in 74% of rate hike.