USD-MYR 4.0050 -0.0538

less than 4 now

3.98

the "4" barrier is breached

next goal 3.8

oh NO!

4.01 now

leh went back to 4.01 level.

no "power" to hold @ 3.98

on the bright side. tis the best performance so far

This post has been edited by nexona88: Mar 22 2016, 05:04 PM

Hold-on before changing more into the SGD or USD.

Where is unker dreamer ?

wait 4.8 only he will come out.
is it 4.8? or 4.5 I forget already

The international reserves of Bank Negara Malaysia amounted to USD96.1 billion as at 15 March 2016. The reserves position is sufficient to finance 8.4 months of retained imports and is 1.2 times the short-term external debt.


USD95.6 billion - as at 29 February 2016

Kind of make my heart pumping .................

Should I buy at current level of 3.99 rate ? Will I regret if it goes up later on. Have been buying at 3.96 and as high as 4.45 level !

This post has been edited by bbgoat: Mar 22 2016, 06:36 PM

1.00 USD = 3.99800 MYR

bar political suprises myr is uptrend usd is downtrend.

Go to 3.80 level ? Really surprised with this movement to <4 !!

3.5 soon..? Tq PM!

Remember it was about 3.0 3 years ago.

is the USD downtrend because of Trump presidential bid? bad for USA future & international relation?

yeah, I kinda surprise myr can really break 4.00 barrier so soon

I believe the ringgit went down by too much in the first place because many Malaysians themselves overreacted by buying up other currencies. Now with the dollar going down, the ringgit can potentially appreciate very fast if the rush to convert back to the ringgit happens. But too fast an appreciation may not be good, so if needed, the central bank should sell the ringgit to slow down the appreciation.