Bloomberg chart today highest is 4.469, also not accurate

if u find perfect one.

inform me

i think this is what's going on:

xe.com is OFFSHORE rate, with NDF's which BNM is trying to "kill" - hence u still the erratic movements.
http://www.xe.com/currencycharts/?from=USD&to=MYR

bloomberg follows ONSHORE rates:
https://www.bloomberg.com/markets/currencies/asia-pacific

BNM rates are ONSHORE, middle rates as of noon and 5pm:
http://www.bnm.gov.my/?tpl=exchangerates


a good way is to look at the money changer rates whenever u pass by one.

my honour

thanks for your info

What abt this one below from Yahoo Finance ? It tells the movement too.

http://finance.yahoo.com/chart/MYR%3DX#eyJ...jp0cnVlfQ%3D%3D

Is this onshore or NDF rate ?

offshore, same as xe.com.

I saw in the Bloomberg Exchanger, USDMYR = 4.4583.

In the Yahoo Graph, USDMYR = 4.4533.

The spread is so small. And the Offshore rate is lower than the Onshore rate ?

1) Why is the spread so small ?
2) How can the Offshore be lower than the Onshore ?

I saw in the Bloomberg Exchanger, USDMYR = 4.4583.

In the Yahoo Graph, USDMYR = 4.4533.

The spread is so small. And the Offshore rate is lower than the Onshore rate ? rclxub.gif

1) Why is the spread so small ?
2) How can the Offshore be lower than the Onshore ?

You will not have the answer 100% as long as bnm is not forthcoming with what it is doing.

I will not lose sleep over small variances, unless u r dealing with tens or hundreds of millions.

More impt to keep track of the bigger picture.

Was wondering that too

But hey it's just small difference only

In fact, there is a difference in spread between hard n soft currency

There's also differences between money changer rate..
Some the buying & selling spread so huge while some small only

Dun worry on the small difference as it's < 1bps
Btw, Reuters quote 4.4530

Keep it simple..
Don't worry too much on the difference..
Unless u doing millions per day, then it's kinda not make huge difference..

Expect incoming 5.0 end of December.

Now loving my crystal ball from day to day

Dun forget to polish so tat it will shine everyday

Thanks.. it will... hehe he. .. poor Malaysians. . No future and no hope for my whether in short or long run term

I presume MOF will calibrate 2017 Budget in Q1/2017
Hope they won't increase tax at the expense of rakyat

I'd suggest it has nothing to do with MOF ..problem.l is my having weak fundemental foundation

If u are building a house and having weak foundation and slabs it will collapse anytime prior warning