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 USD/MYR drop, V2

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topearn
post Sep 29 2015, 01:58 PM

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QUOTE(wil-i-am @ Sep 29 2015, 12:24 PM)
I'm betting on USD n SGD
How about u?
*

What about RMB ? Shd be as good as SGD, rite ?
topearn
post Sep 29 2015, 09:51 PM

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QUOTE(wil-i-am @ Sep 29 2015, 09:04 PM)
Yup
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U bought from money changer ? How much U bought - USD$10,000 ?
topearn
post Sep 29 2015, 10:30 PM

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QUOTE(wil-i-am @ Sep 29 2015, 09:55 PM)
Nope
Bot from Treasury Dept at Banks
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All banks quote the same rate ? If not, which bank U use ? Rate better than money changers ?
topearn
post Sep 29 2015, 10:34 PM

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QUOTE(wil-i-am @ Sep 29 2015, 05:19 PM)
Just lock in at 4.4525 today
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Midvalley's My Money Master rate lower at 4.45 -

http://moneymaster.com.my/
topearn
post Sep 29 2015, 11:24 PM

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QUOTE(supersound @ Sep 29 2015, 10:45 PM)
http://www.chinapress.com.my/node/659011
Good news for tomorrow, we will test all time high of rm4 = USD1, rm5.20 = 1Euro, rm3.30 = SGD1.
*
What all time high of RM4=USD1 ? It's already RM4.45 to USD1.
topearn
post Sep 30 2015, 12:23 PM

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QUOTE(AVFAN @ Sep 30 2015, 10:40 AM)
like crude, there will always be some minor ups and downs due to stocks, inventory count, weather.

cpo also subjected to import/export taxes effect as there are far fewer producers and users of this commodity compared to crude oil.

china... another devaluation is possible but looks unlikely in the immediate term, no indication at this time.

india has just cut int rate by 50bps but should not affect rm too much as india is not among msia's largest trading partners.
*
What does China devaluation mean ? We can buy more RMB for RM1 ?
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