The international reserves of Bank Negara Malaysia amounted to USD97.7 billion as at 15 September 2016.
The reserves position is sufficient to finance 8.1 months of retained imports and is 1.2 times the short-term external debt

where will MYR heading to next week ?

I sold half my USD @ 4.115 (holding hard cash USD so the rate bank offer ) yesterday and today DCA it with 4.08
Hopefully gain some here

Guys, what happen if trump wins election? Turmoil in all markets?

Y u didn't release when it touch 4.15?

Awaiting MYR to touch 4.05 b4 replenish

because i'm holding hard cash in bank acc. and bank wont offer 4.15 right ?

steady at 4.10 MYR level

It depends on your relationship with them

I think my relationship with them not that strong yet. Not a big holder

US jobless claims drop to two-month low as labor market firms, pointing the way for Federal Reserve to raise interest rates by December

Well there is talk now that they may not raise in December too and will come up with another excuse.

really? where u heard?

Just trader talk and Janet Yellen did say that if data stays the same they will hike. So if any data becomes weaker from now till December , they may use that as an excuse not to hike.

Okay.. Now we needed to watch out the data from time to time..

no fed rate hike.

but this new thingy will help oil/rm. whether it will eventually amount to something, yet to know.
http://www.cnbc.com/2016/09/23/saudis-offe...put-report.html


so, next...

1. opec meeting outcome - freeze or potong or free for all?

2. bnm rate cut or not in nov?

3. fed rate hike or not in dec?

the game continues...!

Er you forget 2 very important stuff
(i) presidential debate
(ii) US election

So many questions, no answers.. Uncertainty
Really cannot read the trends..

we won't be here if we know what and what will happen.

we will be sipping champagne on a yacht off the coast of morocco everyday then.


will be ok if we can just protect our hard earned rm and not let some scums rob and erode the value.

U can build d relationship slowly