If for specific reason, better hold on tight as tat sum is 'given'

At that time, people talking of going to 5.0 ! Anyway that is history, so just let it stay there for education use. But need to buy some more soon.

usd weakened, rm gained as crude price rose from 46 to 50 post brexit.

now, nomura is speculating...

Brexit may force Bank Negara to cut rates
http://www.freemalaysiatoday.com/category/...a-to-cut-rates/

that day shoot up so high
now dropped back to the same level?

Gud for trading

So your gut tell u short or long ? No gut for any action ?

don't needed for nomura to speculate, we all know BNM gonna cut rate post-Brexit

that's why some are "locking" FD at current good rate

If BNM don't cut rates, what will happen?

Hi k/tards, should i buy usd and exchange with pounds to earn more or straight RM buys pounds better coz i see not much difference if want to earn?

You need to do calculations and see for large amount which one is more worth it . Like how last time one person buy USD and then use it to buy SGD. By going the RM > USD > SGD instead of RM > SGD straight, that guy earn more SGD.

This post has been edited by Ramjade: Jun 30 2016, 12:19 PM

higher inflation rate, slower economy activity, lower private investments, less spending by consumers (eats away at purchasing power) etc.

If they dont cut rate, shouldn't it make MYR more interesting to investor who want to park their money seeing that everywhere is offering low rates.
Also, isnt cutting interest rate going to make MYR weaker + incease inflation seeing that to prevent inflation , national bank usually increase interest.

investor now if u see would park in US even if their interest is low.. Japan too.. it's always their MO if world economy is unstable..

Long dy

So expect RM to go south, short term (week or mth) or longer term (>3mth) ?

M a trader n will predict up to 5 days

real trader!

if 3.8, i'll move my savings out of ringgit

really, u already knew?

i am not so sure yet.


low int rate currencies may not be a bad thing in the mid-long term.

in the longer term,currencies with "high" int rates will probably do worse.

see the the kind of fear big money has at this time?

wow $11.7 trillion worth of bonds with negative yields

so much parking there