QUOTE(AVFAN @ Dec 1 2016, 06:22 PM)
if no intervention, 5.00 confirm
USD/MYR v4
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Dec 1 2016, 06:25 PM
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#461
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Dec 1 2016, 06:42 PM
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#462
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The Malaysian Ringgit is expected to trade at 4.43 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.57 in 12 months time.
http://www.tradingeconomics.com/malaysia/currency/forecast hello it's already trading 4.46 now.. buta kah |
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Dec 1 2016, 06:44 PM
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#463
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according to Forecasts..
year 2020 1USD = 5.27 MYR |
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Dec 1 2016, 06:56 PM
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#464
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well what I know most Sukuk / MGS is bought by those locals funds like EPF, KWAP and others.. sure they will "support"
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Dec 1 2016, 07:09 PM
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#465
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Dec 1 2016, 07:18 PM
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#466
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Dec 1 2016, 08:51 PM
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#467
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Dec 1 2016, 09:08 PM
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#468
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Dec 1 2016, 09:38 PM
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#469
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Despite the news myr still floating around 4.46/4.47
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Dec 1 2016, 09:45 PM
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#470
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XE rate state 4.46/4.47
Bnm one confirm 4.46 |
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Dec 2 2016, 08:58 AM
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#471
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QUOTE(danmooncake @ Dec 2 2016, 01:10 AM) Yes, I noticed that too. It's been flat since late last week. Well it's know fact bnm is interfering..but without using foreign reserved.. The reserved is stable & instead went up..Invisible hands working to support and not letting it fly either. Maybank OTC rates for Buy/Sell spread quite high. Must be making a lot of money now. Well banks spread always high.. That's why we goes to moneychangers... |
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Dec 2 2016, 09:23 AM
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#472
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Dec 2 2016, 10:32 AM
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#473
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Dec 2 2016, 12:20 PM
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#474
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QUOTE(danmooncake @ Dec 2 2016, 11:43 AM) I don't think there is anything to worry about esp EU country like Italy. Well seems like ringgit is so damn week..The trades there over there is so little compare to China, US, Singapore and other neighboring countries. But, BNM action on currency trading by foreign banks are worrying. If they all start to exit, then no wants want to do business in Malaysia anymore. The declining Ringgit could get trap in death spiral. Everything also got negative effect It gonna be pariah currency like some says |
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Dec 2 2016, 02:01 PM
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#475
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QUOTE(shankar_dass93 @ Dec 2 2016, 12:57 PM) I foresee it to reverse the gains made today next week due to the speculation of the Feds rate hike. It's safe to say that if the Non Farm Payroll and Unemployment rate that would be released today is positive, then the market should be pricing in for a rate hike on the 13th/14th December, right ? Well I guess so..Let's see how later |
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Dec 2 2016, 04:33 PM
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#476
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Onshore and offshore ringgit markets returning to normalcy
http://www.thestar.com.my/business/busines...ng-to-normalcy/ good news for MYR? |
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Dec 2 2016, 04:38 PM
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#477
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QUOTE(Showtime747 @ Dec 2 2016, 01:18 PM) Not so fast to conclude. Our national paper article explain differently.... ooh they got another license.http://www.thestar.com.my/business/busines...f-its-business/ then correct to give up 1.. okay. they still operating in Labuan thanks for the link |
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Dec 2 2016, 05:22 PM
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#478
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Dec 2 2016, 05:58 PM
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#479
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Dec 2 2016, 06:05 PM
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#480
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