USD/MYR drop, v3
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 Dec 6 2015, 02:44 PM
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#1
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All Stars
14,899 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor  
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QUOTE(langstrasse @ Dec 6 2015, 12:04 PM) The current climate is definitely far from ideal, but to go from 4.7 % GDP growth in Q3 2015 to a recession (i.e. 2 consecutive quarters of negative GDP growth) in 2016 seems a little extreme, doesn't it ? Agree with you. We will still experience growth but not at the rate of growth that we have come to expect for next year.Of course, never say never   |
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Jan 28 2016, 08:46 PM
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#2
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All Stars
14,899 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
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This thread seems to be like a good gauge of the general market's sentiment on the currency. Seems like everyone is bearish towards Ringgit Malaysia?
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Feb 18 2016, 01:57 PM
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#3
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All Stars
14,899 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
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Ringgit will appreciate further since the currency has direct correlation to oil prices.
There is to be some bullishness in oil prices for the next few weeks.  |
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Mar 2 2016, 08:47 PM
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#4
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All Stars
14,899 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
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QUOTE(shioks @ Mar 2 2016, 07:59 AM) when will MYR moves to 5 against USD? Not in anytime soon.   |
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Mar 6 2016, 12:20 AM
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#5
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All Stars
14,899 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor
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QUOTE(HarpArtist @ Mar 5 2016, 04:12 PM) the volatility is scary to those doing biz with overseas. Not really. Kind of expected already.  RM will continue to strengthen further. |
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