Where got 2.959?

Interbank rate,...

Strengthened further to 2.9496 now,... ie dipped below the emo support of 2.9500 on the SGDMYR chart now. Lower highs and lower lows phenomenon.

Steady, steady,...

Forummers,... hstory is repeatig itself all over again. Same occurence observed in the BUdget Ann't in October last year.

Budget Revision this afternoon,... look at the dive straight down : http://finance.yahoo.com/echarts?s=SGDMYR%...ing":true}

We can predict currency movements,....

budget revision effect... by on the rumor, sell on the news?

stronger rm also good... maybe traders will decrease imported item prices...?

Straight-down dive,...reaching 2.9512 now. Can break below 2.9500 ???????

Yessir,......

The window of opportunity is small,... AND : I continue to stand firm on the position that there is really nothing much out there, fundamental-wise,.. that will strengthen the RM.

As a side note,... look at the following chart : http://finance.yahoo.com/echarts?s=USDMYR%...ing":true}

The USDMYR is also diving,.... for those who are keen to buy the USD, can start to take positions. Do start calling your favourite money-changers to book your amount.

But, I think for the USD, a lot of stocks out there,... can still wait,...

Lower lows (2.9435) 10 mins ago, and lower highs (2.9501) now,....wait for the signal,...

where u get this from?

A tip for this afternoon,... if no stock in KL,...check rates in JB,.. or in Sgp,...

Interbank Rates in Malaysia as interpreted by Yahoo Finance : http://finance.yahoo.com/echarts?s=SGDMYR%...ing":true}

May be different for Singapore,... can be better if stocks are limited in KL,....

I in KL.. so far no such rate from money changer... U from where Hansel?

No, Elea,... you can't get those interbank rates from the money-changer, those rates are for transactions between banks. What we do is to try and get rates as close to those rates as possible, for KL.

The closer you wish to buy from a money-changer, the more you have to offer him. But thhis too,... depends on whether the money cjanger has stocks or not, and whether he is willing to let go of his Sing Dollars or not,... it's a money game,...

In another SG thread at this very moment,... the interbank rates dictated by MAS is even better for conversion, than the interbank rates for Msia.

Reference point : Mustafa.

TT Rate offered by Maybank at this moment to mass mkt is still above 3.0009,... bad rate,..

Maybank Treasury can perhaps offer at,... 2.9900 for conversion of RM50K and above. Bad rate,...

MYR on Tongkat ALee

1.00 SGD = 2.94857 MYR

Just wondering, how much is "more" in order to get better rate from money changer than stated on their TVs? I am small timer, changing like SGD10k (MYR30k), maybe it's not good enough?

Thanks.

if u changing at Money Changer.. they might not have SGD 10K stock... better u call first.

Money changer said their cost is high.. so, cannot give good rate wor....

i found surprisingly it may be cheaper to change in SG. Happened to me a few times.
And of course that was before the demise of the MYR.

http://arcademoneychangers.com.sg/ratesbiglogo.asp

I contacted them via email in Dec, and they asked me to look at the URL above. In Dec, the rate was better in KL. However, looking at it today, seems like Arcade has better rate?