rm not going anywhere is better than rm going down.
a lot of spending but where does the money come from?

remember jibby saying going to china soon    

Bank Negara’s international reserves stay above RM400b
FMT Reporters | October 24, 2016
Central bank reports increase in international reserves to RM405.6 billion, keeping up momentum and outperforming previous six months.
Bank negara malaysia, BNM

PETALING JAYA: Bank Negara Malaysia (BNM) has continued to maintain its international reserves above the RM400 billion mark.
Last Friday, BNM reported its international reserves stood at RM405.6 billion as at Oct 14. This followed its previous report which showed the amount was RM405 billion as at Sept 30.
It was the first time in six months that BNM had breached the RM400 billion mark.
Over the previous six months – March 31 through Sept 15 – BNM had reported its international reserves being between RM380 billion and RM392 billion.
Last March 31, Bank Negara had reported that the international reserves took a massive drop to RM381.6 billion from the RM412.3 billion reported as at March 15.
In its latest report, BNM also said the RM405.6 billion in reserves would be sufficient to finance 8.5 months of retained imports and is 1.2 times the short-term external debt.
BNM’s international reserves comprises foreign currency reserves, International Monetary Fund reserves, Special Drawing Rights (SDRs), gold, and other reserve assets.
http://www.freemalaysiatoday.com/category/...y-above-rm400b/

MYR strengthened overnight BUT weakened when Msia started today,... must be somebody here commented on something again,... 

i don't have any reason to giv myself why myr will head to north instead of south and slowly become 2nd Indonesia + with our current prime minister , money laundering, 1mdb , etc...

all those damage cannot be reversed hence u know the long time effect...

sad but truth.. dont hope myr will strengthen ever 

MYR have make a U turn from 4.15 ytday to 4.20 now

Well,... the RM has not appreciated this morning after the news came out !!! Still waiting to change over,.....

but long term for MYR .. u know .. i know.. everybody know..

Cannot say like that one. If policy not good, then can cause US to fall into another recession which we can see USD/MYR at 3.3 again.

Dollar Falls as Fed Needs More Evidence for December Rate Hike
http://www.bloomberg.com/news/articles/201...ember-rate-hike

Back in 2007/8, the windows remained open for a very long time,... nd we had a lot of chance to think and think and evaluate again and again of a counter is good,... but in the last few years, not really anymore, if a bad news comes out,the mkt will drop, and the moment we start thinking, the prices have gone back up.

If the world sees the current world news that Msia will cooperate with China on a lot of things, then the MYR may rise,...

Talk is ez as jv/mou can b terminated later
In addition, execution risk still remains an issue

Most likely they will recalibrate 2017 Budget

Yeah,... the ridiculous RM weakened again today,....

WTI Crude oil continued to drop as main OPEC members unable to reach an amicable understanding
Next week could c MYR test 4.15 mark from 4.21 level now

But if Donald Trump becomes the president, I think it will be postponed?

If the world sees the current world news that Msia will cooperate with China on a lot of things, then the MYR may rise,...

KUALA LUMPUR: Foreign investors turned more aggressive in their trading of Malaysian stocks in the week ended Nov 4 at RM948.1mil – the fifth highest weekly outflow this year – said MIDF Equities Research.

It said on Monday net foreign selling dominated the entire trading week. The attrition turned ugly in the last two days of the week as the amount offloaded exceeded RM250mil per day.

“On Friday, the liquidation hit -RM348.6mil, the third highest in a day this year,” it said.

MIDF Research said the cumulative year-to-date net foreign purchase of Malaysian-listed shares was now only +RM1.06bil, down from a peak of +RM6.47bil in April.

It pointed out foreign investors had redeemed -RM5.41bil since April compared with -RM19.5bil and -RM6.9bil net outflow in 2015 and 2014 respectively.
“The market was heavily supported by local institutions last week. Retail participation remained depressingly weak.

“Retail average daily trading volume remained below RM500mil five weeks in a row now. We reiterate that the market has not seen the extent of retail withdrawal since early 2013,” it said.
http://www.malaysia-chronicle.com/unimpres...llers-in-bursa/

I nt worry instead i goin to stock up more usd