USD/MYR drop, v3
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 Dec 18 2015, 06:31 PM
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#1
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381 posts Joined: Aug 2014 
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QUOTE(wil-i-am @ Dec 18 2015, 04:28 PM) Market have priced in US Fed Reserve int rake hike Oil dropping?Thus, MYR will trade within 4.30 +/- 1% provided there is no major surprise  |
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Jan 7 2016, 02:59 PM
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#2
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Junior Member
381 posts Joined: Aug 2014
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Lol.. How to buy goods in rm?
Weimar republic here we come This post has been edited by the99percent1: Jan 7 2016, 02:59 PM |
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Jan 16 2016, 12:37 PM
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#3
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Junior Member
381 posts Joined: Aug 2014
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QUOTE(Hansel @ Jan 15 2016, 06:57 PM) Low fuel price should translate into cheaper charges for transportation. Has anybody seen cheaper flight tickets around, whether from budget carriers, or from full-service carriers ? These things are not instantaneous.. crude oil may drop, but jet fuel is a different beast altogether. |
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Feb 2 2016, 04:09 PM
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#4
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Junior Member
381 posts Joined: Aug 2014
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QUOTE(langstrasse @ Feb 1 2016, 08:52 PM) There's really no incentive for businesses to reduce prices when fuel prices drop. Fuel prices do not drop..Worst of all is the fact that due to GST, there is no incentive for the gov to force businesses to reduce prices either - this would be the proverbial killing of the goose that laid the golden egg. So yes, I totally agree that even if the USD/MYR exchange rate improves, our purchasing power is going to be stagnant. The market price for crude oil may drop, but the cost to extract and process the oil to become fuel remains high.. Why do u think businesses such as chevron, etc are cutting production and jobs? Because it doesn't make sense to extract oil anymore. It's not profitable. Which makes the push for clean energy more promising. |
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Mar 18 2016, 11:35 PM
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#5
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Junior Member
381 posts Joined: Aug 2014
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This post has been edited by the99percent1: May 6 2016, 10:15 AM |
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Mar 18 2016, 11:45 PM
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#6
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Junior Member
381 posts Joined: Aug 2014
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QUOTE(wil-i-am @ Mar 18 2016, 11:36 PM) Another conspiracy theory? Nothing conspiracy about it.. Russia made their goal crystal clear when they move forces into syria. It was to protect their ally, assad.. And supress the american armed rebels aswell as contain ISIS march into syria. They accomplished their missing, so pulled out. Whats so hard to read about that? |
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Mar 19 2016, 12:08 AM
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#7
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Junior Member
381 posts Joined: Aug 2014
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QUOTE(Yippie123 @ Mar 19 2016, 12:04 AM) You really think that if not "fixing" higher oil price Russia would have pulled off? I still bet that somewhat it has been fixed. We are talking about 16% of its GDP and 70% of it exports... Lol.. Maybe, but i wont waste my time speculating over this. |
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Apr 19 2016, 08:22 AM
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#8
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Junior Member
381 posts Joined: Aug 2014
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Crude dropping.. see how msia ringgit plays out
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Jun 29 2016, 10:30 AM
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#9
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Junior Member
381 posts Joined: Aug 2014
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QUOTE(wil-i-am @ Jun 29 2016, 08:48 AM) It can goes either way Just like your English.. |
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