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nexona88
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Dec 6 2016, 10:58 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,...  Hmm another 2 or 3 weeks, suddenly got others issues pop up. Then how  U know myr so weak.. Anything also can effect
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nexona88
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Dec 6 2016, 11:13 AM
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QUOTE(AVFAN @ Dec 6 2016, 11:06 AM) aug 2016, we were discussing below. very heated, plenty of skeptism, many hopefuls. today, results overshot. but ex rate is a dynamic thing, will keep finding the right spot with global financial gravity as the months and years go by. and given actual ex rates now, my bet is on BNM to RAISE rates in the next few months. do read up interest rate parity!  My homework for today. Interest rate parity
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nexona88
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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: Better don't.. More shit will happen.. More interest payment for loans
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nexona88
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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. yes. their rate is competitive and if u do "huge amount" transaction, got "special service"
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nexona88
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Dec 6 2016, 04:24 PM
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MIER says ringgit fall temporary, fair value is 4.05 to 4.10 to the dollar http://www.thesundaily.my/news/2085922really happy if can reach 4.10 level back
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nexona88
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Dec 6 2016, 04:36 PM
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QUOTE(AVFAN @ Dec 6 2016, 04:33 PM) i like this comment: On the bid to become a high-income nation, Zakariah said Malaysia had to work 22% harder with the ringgit rate used in the earlier projection at 3.60 to the US dollar compared with the current rate of circa 4.40.we better work "22% harder" from now on.  well better work 100% harder to be safe side thanks to weak ringgit, everything is expensive now
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nexona88
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Dec 6 2016, 05:01 PM
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nexona88
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Dec 6 2016, 05:16 PM
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and our beloved PM says Najib: Bank Negara taking right steps to strengthen ringgit http://www.nst.com.my/news/2016/12/194948/...engthen-ringgit
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nexona88
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Dec 6 2016, 06:31 PM
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BNM’s forex measures 'unusual' but 'legitimate', says economist http://www.theedgemarkets.com/my/article/b...?type=Corporate
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nexona88
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Dec 7 2016, 12:22 AM
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I got feeling that the international reserve will decrease How much is anyone guess to speculate..
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nexona88
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Dec 7 2016, 11:32 AM
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QUOTE(prophetjul @ Dec 7 2016, 10:04 AM) Maybe Aus will become the next Tiger in the Asean region!  No wonder EPF invested in one of the fund focus on Australian commercial assets
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nexona88
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Dec 7 2016, 03:53 PM
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decrease by US$1.9bil?  wow just wow.. the numbers is kinda huge wor..
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nexona88
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Dec 7 2016, 04:00 PM
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still holding strong @ 4.43 BNM is really burning the reserve big time.. next upcoming BNM announcement USD 2 billion?
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