1.00 USD = 4.10711 MYR
USD/MYR drop, v3
USD/MYR drop, v3
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May 25 2016, 12:14 AM
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All Stars
48,447 posts Joined: Sep 2014 From: REality |
1.00 USD = 4.10711 MYR
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May 25 2016, 08:32 AM
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Senior Member
6,614 posts Joined: Mar 2011 |
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May 25 2016, 08:33 AM
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Trade Dispute
2,644 posts Joined: Sep 2013 |
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May 25 2016, 08:35 AM
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Senior Member
6,614 posts Joined: Mar 2011 |
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May 25 2016, 08:38 AM
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Trade Dispute
2,644 posts Joined: Sep 2013 |
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May 25 2016, 08:48 AM
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Senior Member
6,614 posts Joined: Mar 2011 |
QUOTE(aromachong @ May 25 2016, 08:38 AM) yeah i agree this 1.. I was in SH for 5 yrs but regret did not buy any house at that time. If not could earn easily RMB 2 million per apartment. nowadays small house will cost u easily RMB million especially at big city shanghai shenzhen beijing guangzhou ... This post has been edited by bbgoat: May 25 2016, 08:50 AM |
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May 25 2016, 08:49 AM
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Trade Dispute
2,644 posts Joined: Sep 2013 |
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May 25 2016, 08:52 AM
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Senior Member
6,614 posts Joined: Mar 2011 |
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May 25 2016, 05:18 PM
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All Stars
48,447 posts Joined: Sep 2014 From: REality |
Closing was 4.1060 as per BNM @ 5pm
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May 25 2016, 07:16 PM
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Junior Member
180 posts Joined: Nov 2013 |
Ringgit big boast by Toyota.
Toyota Motor Corporation has confirmed plans to build a new factory in Malaysia. The new plant will be located in Bukit Raja Industrial Estate, Klang, and will have an initial annual production capacity of 50,000 units a year, which can be expanded with increased demand. Combined with the current factory, Toyota’s Malaysian production volume will be around 90,000 to 100,000 units per annum. UMW Toyota Motor (UMWT) will invest approximately RM2 billion for this project, a total sum that includes land cost, construction, equipment and engineering support from Thailand and Japan. It is the biggest investment ever by UMWT in the company’s history. The 670,000 square metres new plant is part of Toyota’s plans to reorganise its production system in Malaysia. The current Assembly Services Sdn Bhd (ASSB) factory will be left to focus on the production of commercial vehicles, while the new plant takes on production of passenger cars, including Energy Efficient Vehicles (EEVs). http://<link removed>/2016/05/25/toyota-confi...t-50k-capacity/ |
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May 26 2016, 08:40 AM
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Junior Member
180 posts Joined: Nov 2013 |
Sokong 1 Malaysia. Sokong Ringgit.
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May 26 2016, 09:04 AM
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Trade Dispute
2,644 posts Joined: Sep 2013 |
QUOTE(cpng75 @ May 25 2016, 07:16 PM) Ringgit big boast by Toyota. what has this problematic brand car have to do in this usd/myr thread?Toyota Motor Corporation has confirmed plans to build a new factory in Malaysia. The new plant will be located in Bukit Raja Industrial Estate, Klang, and will have an initial annual production capacity of 50,000 units a year, which can be expanded with increased demand. Combined with the current factory, Toyota’s Malaysian production volume will be around 90,000 to 100,000 units per annum. UMW Toyota Motor (UMWT) will invest approximately RM2 billion for this project, a total sum that includes land cost, construction, equipment and engineering support from Thailand and Japan. It is the biggest investment ever by UMWT in the company’s history. The 670,000 square metres new plant is part of Toyota’s plans to reorganise its production system in Malaysia. The current Assembly Services Sdn Bhd (ASSB) factory will be left to focus on the production of commercial vehicles, while the new plant takes on production of passenger cars, including Energy Efficient Vehicles (EEVs). <a href='http://<link removed>/2016/05/25/toyota-confirms-new-malaysian-plant-in-klang-rm2-billion-investment-50k-capacity/' target='_blank'>http://<link removed>/2016/05/25/toyota-confi...t-50k-capacity/</a> |
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May 26 2016, 12:40 PM
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Junior Member
180 posts Joined: Nov 2013 |
Toyota new investment in Malaysia give market confidence.More FDIs flowing into country mean Ringgit getting support.
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May 26 2016, 12:44 PM
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All Stars
48,447 posts Joined: Sep 2014 From: REality |
maybe because of tis good news on Toyota investment, ringgit strengthen a bit today?
4.07880 MYR now |
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May 26 2016, 12:56 PM
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Junior Member
180 posts Joined: Nov 2013 |
QUOTE(cpng75 @ May 26 2016, 12:40 PM) Toyota new investment in Malaysia give market confidence.More FDIs flowing into country mean Ringgit getting support. These type of investment was prohibited in Dr Ma era.Now Toyota making Malaysia first out of their new global strategy investment hub which will following by Guangzhou China and Mexico. Market start guessing any more new automobile big guns follow suit?? |
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May 26 2016, 12:59 PM
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Junior Member
180 posts Joined: Nov 2013 |
Big new FDIs flowing into country impact are greater than those portfolio funds.
And also sign of Ringgit downside limited in future. |
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May 26 2016, 01:06 PM
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Senior Member
10,001 posts Joined: May 2013 |
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May 26 2016, 01:06 PM
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Senior Member
10,001 posts Joined: May 2013 |
Trading at 4.074x/4.081x now
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May 26 2016, 01:07 PM
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Senior Member
748 posts Joined: Aug 2009 |
If Toyota coming in, then if XiaoMi also come then Ringgit also soar
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May 26 2016, 01:13 PM
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All Stars
48,447 posts Joined: Sep 2014 From: REality |
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