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 USD/MYR v4

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TSwil-i-am
post Dec 6 2016, 11:24 AM

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QUOTE(mujinkun @ Dec 6 2016, 10:02 AM)
I fell hopeless with current MYR value...any chances it will go to under RM3.8 in near day?
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Y not if u have the patience
nexona88
post Dec 6 2016, 11:26 AM

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QUOTE(Hansel @ Dec 6 2016, 11:17 AM)
I'm hoping they will raise interest rates asap, bro,.... :thumbsup:
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Better don't..
More shit will happen..
More interest payment for loans doh.gif
Hansel
post Dec 6 2016, 11:35 AM

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QUOTE(Avangelice @ Dec 6 2016, 11:19 AM)
rates come down and my house loan tak gerak. 

rates go up immediately get letter from bank.

shit
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QUOTE(nexona88 @ Dec 6 2016, 11:26 AM)
Better don't..
More shit will happen..
More interest payment for loans doh.gif
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Sorry, guys,... just said that out of instincts,.. hoping the MYR will strengthen after interest rate rise. But then again,.. THIS TIME, the MYR may not strengthen too after rate rise !!!!!!! sad.gif
aspartame
post Dec 6 2016, 11:37 AM

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QUOTE(wil-i-am @ Dec 6 2016, 11:12 AM)
Money changer deal with hard currency
Thus, the spread n cost is Higher
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No la, money changers rate are better than the banks.
mujinkun
post Dec 6 2016, 11:46 AM

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QUOTE(Hansel @ Dec 6 2016, 10:56 AM)
Well,... BNM is doing her best now for the USD. 

http://www.thestar.com.my/business/busines...egara-reserves/

But the effects will only be known later : "While the initiatives are a step in the right direction to boost the flagging ringgit, dealers said the impact would only be known in the next few weeks."

So,.. maybe RM will strengthen in two or three weeks' time. But then,... comes rate hike, maybe,... sad.gif
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two or more week tooo slow...need some drrastic action from Bank Negara...
TSwil-i-am
post Dec 6 2016, 11:55 AM

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BNM new measures set to boost ringgit: Analysts
http://www.nst.com.my/news/2016/12/194775/...t-boost-ringgit

As usual, every analysts xpect sentiment towards MYR will improve
Hansel
post Dec 6 2016, 11:59 AM

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QUOTE(mujinkun @ Dec 6 2016, 11:46 AM)
two or more week tooo slow...need some drrastic action from Bank Negara...
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QUOTE(wil-i-am @ Dec 6 2016, 11:55 AM)
BNM new measures set to boost ringgit: Analysts
http://www.nst.com.my/news/2016/12/194775/...t-boost-ringgit

As usual, every analysts xpect sentiment towards MYR will improve
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thumbsup.gif Yes, Sirs,... as a taxpayer, I'm also demanding drastic actions from our central bank,...

But : sad.gif nothing is happening to our RM till now,.. after two days,.. only hearing lots of theories, from analysts and from forummer too,... so how ??? Better convert now if can't wait if you have plans for your converted currency, but that's just me,... ohmy.gif Pls think of your plans,...

Or,... wait for another few weeks, no choice,..... err, small chances to strengthen, okay ?? biggrin.gif

This post has been edited by Hansel: Dec 6 2016, 12:04 PM
TSwil-i-am
post Dec 6 2016, 12:03 PM

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Wat wud happen to MYR when BNM announce lower intl reserves @ 30/11 on 7/12 hmm.gif
Avangelice
post Dec 6 2016, 12:04 PM

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QUOTE(wil-i-am @ Dec 6 2016, 11:55 AM)
BNM new measures set to boost ringgit: Analysts
http://www.nst.com.my/news/2016/12/194775/...t-boost-ringgit

As usual, every analysts xpect sentiment towards MYR will improve
*
hard to believe what is written in propaganda papers and they are always painting malaysia to be good and cheerie
Hansel
post Dec 6 2016, 12:07 PM

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QUOTE(wil-i-am @ Dec 6 2016, 12:03 PM)
Wat wud happen to MYR when BNM announce lower intl reserves @ 30/11 on 7/12  hmm.gif
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You are making me want to change over everything this minute, bro,.... sad.gif ....

Added : Or maybe,... if, say, analysts predict would drop to one level, and if the drop is not so drastic, meaning the drop stops at a higher level, then the RM might strengthen,... thumbsup.gif

This post has been edited by Hansel: Dec 6 2016, 12:16 PM
TSwil-i-am
post Dec 6 2016, 12:13 PM

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QUOTE(Avangelice @ Dec 6 2016, 12:04 PM)
hard to believe what is written in propaganda papers and they are  always painting malaysia to be good and cheerie
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Their objective is to calm rakyat plus to slow down outflow of funds
mujinkun
post Dec 6 2016, 12:26 PM

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QUOTE(wil-i-am @ Dec 6 2016, 12:13 PM)
Their objective is to calm rakyat plus to slow down outflow of funds
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Current propaganda from mainstream media didn't do any good to MYR value...worsen as it is...
TSwil-i-am
post Dec 6 2016, 12:32 PM

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QUOTE(Hansel @ Dec 6 2016, 12:07 PM)
You are making me want to change over everything this minute, bro,.... sad.gif ....

Added : Or maybe,... if, say, analysts predict would drop to one level, and if the drop is not so drastic, meaning the drop stops at a higher level, then the RM might strengthen,... thumbsup.gif
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I dun think analysts have numbers in mind as they dunno how much was expended to intervene in forex mkt in 2H of Nov 2016

nexona88
post Dec 6 2016, 12:39 PM

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QUOTE(aspartame @ Dec 6 2016, 11:37 AM)
No la, money changers rate are better than the banks.
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yes. their rate is competitive rclxms.gif

and if u do "huge amount" transaction, got "special service" blush.gif devil.gif
bbgoat
post Dec 6 2016, 12:49 PM

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QUOTE(Hansel @ Dec 6 2016, 11:17 AM)
I'm hoping they will raise interest rates asap, bro,.... thumbsup.gif
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I sure hope so, raise the rates ! rclxms.gif
mujinkun
post Dec 6 2016, 12:52 PM

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QUOTE(bbgoat @ Dec 6 2016, 12:49 PM)
I sure hope so, raise the rates !  rclxms.gif
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Me too hopes...
TSwil-i-am
post Dec 6 2016, 12:59 PM

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QUOTE(bbgoat @ Dec 6 2016, 12:49 PM)
I sure hope so, raise the rates !  rclxms.gif
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Gud for FD lovers but bad for borrowers cry.gif
TSwil-i-am
post Dec 6 2016, 01:01 PM

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Bad Luck for MYR today
It closed @ 4.4440 (die 4x) during 12 noon as per BNM data
spiderman17
post Dec 6 2016, 01:05 PM

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i have been selling usd buying myr since oct till now...guess i'm swimming solo here.
(my usd holding was from the 3.x period)
Hansel
post Dec 6 2016, 01:10 PM

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QUOTE(spiderman17 @ Dec 6 2016, 01:05 PM)
i have been selling usd buying myr since oct till now...guess i'm swimming solo here.
(my usd holding was from the 3.x period)
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You have been making money, bro,... Smart that you bought earlier,... Congrats,.... thumbsup.gif

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