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USD/MYR drop, v3
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nexona88
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 Dec 13 2015, 06:52 PM
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QUOTE(AVFAN @ Dec 13 2015, 06:06 PM) 4.50 is very possible if fed hike rates and crude price go to 32-33 by dec 31. 5.0... will take a lot more - low gdp growth, big budget deficit requiring more and fast debt to fund budget overruns, incr in br1m. and maybe a cut in int rates to promote gdp growth. not likely in early in 2016 but u never know what our gomen is capable of when it comes to spending/throwing money to sustain itself. +1  |
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!@#$%^
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Dec 13 2015, 07:12 PM
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hope the 'hidden hands' still there to stabilize RM. if not, gonna be a gloomy 2016
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TSwil-i-am
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Dec 13 2015, 07:40 PM
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Ringgit Halts Three-Week Rally as Oil Decline Clouds Outlook http://www.bloomberg.com/news/articles/201...-clouds-outlookMaybank n Standard Chartered predict 4.20 n 4.45 by year end Wat is your prediction? |
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nexona88
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Dec 14 2015, 06:04 PM
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USD/MYR close: 4.33605 low: 4.31722 high: 4.34199  |
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ikanbilis
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Dec 14 2015, 06:57 PM
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Usd1=4.366
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nexona88
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Dec 14 2015, 07:05 PM
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wow 4.40 myr coming  |
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ikanbilis
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Dec 14 2015, 08:35 PM
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QUOTE(nexona88 @ Dec 14 2015, 07:05 PM) wow 4.40 myr coming Why wow? Morgan Stanley gives estimate 4.56 for Q4 right? Long way to go...  |
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TSwil-i-am
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Dec 14 2015, 08:37 PM
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As per BNM website, USD/MYR depreciated by 0.77% to 4.3255 which is deem within tolerance
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AVFAN
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Dec 14 2015, 08:44 PM
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QUOTE(ikanbilis @ Dec 14 2015, 08:35 PM) Why wow? Morgan Stanley gives estimate 4.56 for Q4 right? Long way to go... i now start to think 4.56 is very possible by dec 31. brent <37, crude <35. msia is a large exporter of natural gas, in the top 10 in the world. QUOTE Natural Gas Falls to Lowest Since 2002 on Mild Weather Outlook http://www.bloomberg.com/news/articles/201...e-2002-ii5rba6fshort of tens of billions in gomen revenue, u think putrajaya will raise gst first or cut budget expenses first? answer is probably neither - just borrow more and quick! so, what happens to the rm? |
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TSwil-i-am
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Dec 14 2015, 08:45 PM
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QUOTE(AVFAN @ Dec 14 2015, 08:44 PM) so, what happens to the rm? Can keep as 1st day cover  |
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ikanbilis
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Dec 14 2015, 09:02 PM
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QUOTE(wil-i-am @ Dec 14 2015, 08:45 PM) Can keep as 1st day cover You made me nervous whether still want to remit my usd back to malaysia  This post has been edited by ikanbilis: Dec 14 2015, 09:02 PM |
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TSwil-i-am
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Dec 14 2015, 09:07 PM
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QUOTE(ikanbilis @ Dec 14 2015, 09:02 PM) You made me nervous whether still want to remit my usd back to malaysia Just remit on piecemeal basis as nobody can predict Exact landing |
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nexona88
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Dec 14 2015, 09:28 PM
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QUOTE(ikanbilis @ Dec 14 2015, 09:02 PM) You made me nervous whether still want to remit my usd back to malaysia juz chill  remit back when reach 4.50  |
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langstrasse
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Dec 14 2015, 10:00 PM
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With the Brent and natural gas plunging there's got to be a miracle to prevent the RM from dropping as well.
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nexona88
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Dec 14 2015, 10:07 PM
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QUOTE(langstrasse @ Dec 14 2015, 10:00 PM) With the Brent and natural gas plunging there's got to be a miracle to prevent the RM from dropping as well. no worry PRC help on the way to save BolehLand  |
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orangbulu
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Dec 14 2015, 10:12 PM
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langstrasse
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Dec 14 2015, 10:22 PM
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QUOTE(nexona88 @ Dec 14 2015, 10:07 PM) no worry PRC help on the way to save BolehLand In exchange for the HSR project ?  QUOTE(orangbulu @ Dec 14 2015, 10:12 PM) I wonder if these guys ever review what they say in public |
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chengcheng
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Dec 14 2015, 10:28 PM
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Getting Started
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Oil prices continues to drop.... Habislah.... RM..... Attached thumbnail(s)
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AVFAN
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Dec 14 2015, 10:40 PM
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QUOTE(langstrasse @ Dec 14 2015, 10:22 PM) I wonder if these guys ever review what they say in public review in private... get promotion. in other countries, the finance minsters get booted within days. QUOTE |
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TSwil-i-am
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Dec 14 2015, 10:55 PM
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QUOTE(orangbulu @ Dec 14 2015, 10:12 PM) His remark was on 28/1/2015 Nobody know it will sink until USD36 now |
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