QUOTE
Affin Hwang remained confident that the ringgit's fair value would be between 3.95 and 4.00 this year.
while Maybank says 3.80 MYR
they really know how to blow water like most of lyn forummers
USD/MYR v4
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Jul 17 2016, 03:14 PM
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All Stars
48,441 posts Joined: Sep 2014 From: REality |
QUOTE Affin Hwang remained confident that the ringgit's fair value would be between 3.95 and 4.00 this year. while Maybank says 3.80 MYR they really know how to blow water like most of lyn forummers |
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Jul 17 2016, 04:57 PM
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6,614 posts Joined: Mar 2011 |
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Jul 17 2016, 05:04 PM
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All Stars
48,441 posts Joined: Sep 2014 From: REality |
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Jul 17 2016, 05:10 PM
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6,614 posts Joined: Mar 2011 |
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Jul 17 2016, 09:28 PM
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10,001 posts Joined: May 2013 |
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Jul 18 2016, 09:20 AM
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6,614 posts Joined: Mar 2011 |
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Jul 18 2016, 10:46 AM
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10,001 posts Joined: May 2013 |
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Jul 18 2016, 10:50 AM
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All Stars
24,454 posts Joined: Nov 2010 |
interesting read:
QUOTE Malaysiaās $30 Billion Pension Fund Goes Long as Rate-Cut Hedge Malaysiaās interest-rate cut is a ādouble-edged swordā as the fundās existing portfolio is āin the money,ā while new investments will probably be in instruments with lower returns, the CEO said. KWAP will be buying longer-dated bonds because āwe see room for a further interest rate cut,ā he said. http://www.bloomberg.com/news/articles/201...-rate-cut-hedge |
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Jul 18 2016, 10:53 AM
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10,001 posts Joined: May 2013 |
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Jul 18 2016, 11:02 AM
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All Stars
24,454 posts Joined: Nov 2010 |
QUOTE(wil-i-am @ Jul 18 2016, 10:53 AM) 3.90, can buy usd.the situation is still the same - global economic slowdown, weak oil prices. add local low growth, int rate cut, incr debt, lost billions... yes, some foreign hot money into bonds and stocks... they can leave quickly too. so, u decide rm will appr or depr from 3.9x! |
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Jul 18 2016, 11:12 AM
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6,614 posts Joined: Mar 2011 |
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Jul 18 2016, 11:19 AM
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1,498 posts Joined: Nov 2012 |
QUOTE(bbgoat @ Jul 17 2016, 05:10 PM) Have been reading 3.8, 3.95, about 4 etc etc. My D Day is mid August irrespective of what. But 3.8 will definitely go for it if it happens before D Day. If you need the currency soon, why not consider to do DCI now? If strike it'll be cheaper than spot; if don't strike then you get the interest to cover off your higher spot rate on D day |
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Jul 18 2016, 01:00 PM
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Trade Dispute
2,644 posts Joined: Sep 2013 |
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Jul 18 2016, 01:28 PM
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QUOTE(aromachong @ Jul 18 2016, 01:00 PM) at shenzhen now weather here is so damn hot.. buy 4 duty free china cigarette for my friend.. inmigration here is so damn strict many police drug dogs When I was in Japan 2 weeks ago, also hot ! Came back found the yen that I am holding depreciate by 4%. anyway unablw to change at rate 1.70 yuan sighssssss |
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Jul 18 2016, 03:45 PM
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All Stars
48,441 posts Joined: Sep 2014 From: REality |
very tight range 3.97/3.98 MYR
wonder if goes to 3.95 or 4.00 later of the day |
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Jul 18 2016, 04:19 PM
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All Stars
12,505 posts Joined: May 2007 From: Triumph in the Skies Status:In LoV3 Again |
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Jul 19 2016, 11:20 AM
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2,280 posts Joined: Jan 2013 |
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Jul 19 2016, 03:00 PM
Show posts by this member only | IPv6 | Post
#158
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10,001 posts Joined: May 2013 |
QUOTE(kit2 @ Jul 19 2016, 11:20 AM) Need to withdraw FD soon |
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Jul 19 2016, 03:01 PM
Show posts by this member only | IPv6 | Post
#159
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10,001 posts Joined: May 2013 |
Gonna touch 4.00 soon
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Jul 19 2016, 04:51 PM
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All Stars
12,505 posts Joined: May 2007 From: Triumph in the Skies Status:In LoV3 Again |
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