Brent Crude +0.61
35.11 +1.77 %

USD-MYR 4.1625 -0.0605

Ringgit will appreciate further since the currency has direct correlation to oil prices.
There is to be some bullishness in oil prices for the next few weeks.

Heading towards 4.10?

IF the MYR dips back below 4.00,......really surprise, surprise,....

why oill price up but RM still hovering between 4.15 to 4.20?

oil is already trading at 31.xx!

if can reach 4.00 is very good achievement, considering all the issues faced now

Right,...what happens if all issues are cleared-up ? And then,...is it possible for ALL the current issues to clear-up ?

huh?

considering all the issues now, i think chance of 4.40 is higher than 4.00.

but... 4.2x mostly in the absence of earth breaking development.

quite steady now.

best not to focus on ex rate but on where and what to get decent roi - that is going to be the bigger challenge.

Gud opportunity to trade as MYR weaken by 1.26% to 4.2242 now

In order to get decent ROI, we have to make a decision if we are to continue connverting the MYR now into the USD/SGD, or wait till the MYR strengthens further to open another window.

You haven't answered my question... can all the current internal problems be solved and reset to like mid-2014 ?

Can if more solif proof and pressure appear. But will need a big miracle/magic to happen. Right now is hang in there and keep converting your RM out.

This post has been edited by Ramjade: Feb 19 2016, 12:21 PM

i can't answer that for you.

I only have a view for myself.

Those problems will be "solved" one way or another, with a heavy price.

Reset to 2014? No chance, severe damage done.

Okay, bro,....

If no chance to reset back everything to pre-crisis, then certainly no chance for MYR to return to 3.80,... or 2.80... So onward,...

You and my friend think the same. According to him, it would require a clean slate and at least 25 years to repair the damage.

ballooning debt, billions unaccounted for, bleedy capital flight, brain drain, low oil price, scandal after scandal.

and u expect it to return to 3.8, 2.8?

This post has been edited by AVFAN: Feb 19 2016, 05:30 PM

Okay, news today said there will be 1.5 Mil Banglas joining us in Msia in the next three years. More voters for them,....

DPM said Gomen freezes intake of all foreign workers, including Bangladeshis
http://www.thestar.com.my/news/nation/2016...oreign-workers/

now u said 1.5mil Banglas in next 3 more years?

which one is true

Sad news for Banglas as it was KIV