Real magic
USD/MYR v4
USD/MYR v4
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Nov 24 2016, 06:38 PM
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#401
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
Yeah, curious also how bnm do it..
Real magic |
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Nov 24 2016, 08:07 PM
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#402
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
Incoming 4.50 soon
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Nov 24 2016, 11:59 PM
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#403
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
Still waiting for bnm answer on how they managed to intervene without using reserves
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Nov 25 2016, 10:32 AM
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#404
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
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Nov 25 2016, 12:38 PM
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#405
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
BNM reports higher Ringgit, US$ transactions
http://www.thestar.com.my/business/busines...;-transactions/ |
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Nov 25 2016, 03:44 PM
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#406
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
my guess, MYR could touch 5.00 by end of the year..
but first thing first.. 4.50 barrier needs to be broken |
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Nov 25 2016, 03:49 PM
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#407
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
2 Sept 2011 - 2.96 MYR / USD
25 Nov 2016 - 4.45 MYR / USD 31 Dec 2016 - 5.00 / USD ???? |
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Nov 25 2016, 04:28 PM
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#408
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
QUOTE(Chinoz @ Nov 25 2016, 02:03 PM) Personally think all these guys at the bank predicting FX movements are full of it. well they follows the latest trend & movements..They usually just issue notes echoing the general sentiment of the currency at date of issue. If MYR trending upwards - "3.80 by end-2017!". If MYR trending downwards - "4.80 by end-2017!". don't expect them to stay.. it's normal |
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Nov 25 2016, 04:34 PM
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#409
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
Liquidity remains available despite curbing offshore ringgit NDF activities, says Malaysia's Financial Markets Committee
http://www.theedgemarkets.com/my/article/l...?type=Corporate |
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Nov 25 2016, 04:38 PM
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#410
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
MYR is moving slowly from 4.1885 on 1/11 to 4.47751 now..
4.50 coming soon |
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Nov 25 2016, 05:01 PM
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#411
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
seems like MYR is weaker for major currency..
every day become weaker & weaker.. later become banana money |
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Nov 25 2016, 06:08 PM
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#412
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
Closing was 4.4700 as per BNM @ 25 Nov 2016 (Friday)
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Nov 25 2016, 06:10 PM
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#413
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
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Nov 25 2016, 06:15 PM
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#414
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
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Nov 25 2016, 06:28 PM
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#415
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
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Nov 25 2016, 08:35 PM
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#416
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
QUOTE(Hansel @ Nov 25 2016, 07:26 PM) I saw in the Bloomberg Exchanger, USDMYR = 4.4583. Was wondering that too 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 ? But hey it's just small difference only |
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Nov 25 2016, 08:54 PM
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#417
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
There's also differences between money changer rate..
Some the buying & selling spread so huge while some small only |
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Nov 25 2016, 09:02 PM
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#418
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
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.. |
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Nov 27 2016, 12:40 AM
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#419
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
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Nov 27 2016, 12:51 AM
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#420
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All Stars
48,538 posts Joined: Sep 2014 From: REality |
If the same situation goes on, we can expect 5.00 as soon as end of this month
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