for small and not-so-attractive-to-foreign-investor nations, that will be right - cut in int rates will depr the currency.

for small and safe haven nations like switzerland and singapore, lower rates does not put off investors or depr the currency.

for major economies and safe havens like japan, germany and usa, they can cut and cut until negative, yet trillions will still go there.

ya, the capitalist world is such - big money flows into where the confidence is highest, high yield or low yield.

esp in times of crisis and uncertainty.

This post has been edited by AVFAN: Jun 30 2016, 07:08 PM

29 Jun 2016 15:30 UTC - 30 Jun 2016 15:36 UTC
USD/MYR close: 3.98976 low: 3.97675 high: 4.04133

broken 4.00 MYR level..

wow, RM getting stronger

guess money is flowing into Malaysia

Buying Aussie

Not sure which one is correct anymore. My XE app has this wild fluctuation whilst Yahoo! Finance app is not showing any meaningful graph at all.


Attached thumbnail(s)

hope to see can get 1.70+ exchange rate for rmb

xe.com showed even few dips of below 3.9 !

mr xi is back!!

Who's mr xi?

u never read newspaper, only read lowyat posts.

Buy USD at 3.7> sell back at 4.1 >

good luck

maybe got error

Chinese President Xi Jinping

broadcasting LIVE on CCTV4 all china channels

if u buy at 3.7 then fall lagi . how. haha

broadcasting Live now? what story going on?

gave me a good scare.. CPC 90th anniversary la
Communist Party of China (CPC)
http://english.cctv.com/live/index.shtml

CPC celebrates 95th anniversary

okay. thanks..

didn't follow CCTV news often. so don't know much what happening there