I too am hoping that the above tactic will lift the MYR on Monday.

Bros,... hmm,... I'm going to do this,... I'll wake up earlier tomorrow morning and look at how the interbank rates below start :-

https://au.finance.yahoo.com/echarts?s=MYR%...=MYR=X;range=1d

If the 'number at the top' drops below 4.4400, then I would know the RM is strengthening,...

i will also look at the $ index, now at 100.75.

it came from <98 a month ago and peaked at 102.12 just a week ago.

i will not be surprised if RM swings to 4.30 or 4.55 in the next few days.

For me, I am still taking a cautious watch moment. Lets see how it played out. But definitely not moving whatever I can out. 

.. italian vote caused uncertainty, euro falls to 20 month low.
.. $ index spiked on the news, now 101.40.
.. most currencies fell against $.
.. RM holding at same old 4.45.

maybe still early, but my take is no change from last week.

new measures not showing any impact (yet); BNM probably still intervening to keep around 4.45.

$ index continues to rise.

oil price softening on us rig count rise, opec incr production before cut.

italian and nz prime minsters resign.

trump tweets against china.

fed rate hike imminent on dec14.
all ingredients pointing to a stronger $.

still hoping $ will fall?!

U not going to catch "anything" ? 

Ya, always ready from now till early Jan to take some action, buy USD. 

Well,... I think for exporters, it used to be good when they were collecting their payments in USD and no need to convert back 75% of the proceeds into the RM,... I'm quite sure many exporters would feel differently for whatever they export from today onwards,...

Still,... okay, got 3.25% 'FD interest' for their converted USDs into the RM, but till end-December only ! 

righto!

and it is always easy to pin "speculation" as the main culprit, politically correct.

really, does anyone have any data to show that?

or perhaps investors and biz people alike just have fear and lack of confidence?

or just wanna take their money and go somewhere to get better returns?

e.g. how is bursa doing when usa markets are hitting record highs almost everyday?

exhausted sellers of RM will be. After speculating interest die down, RM will then strengthen.

yes good question. or maybe he is saying buy straight in a foreign fund but wouldn't conversion be based on bank rates and we all know bank rates are expensive

I fell hopeless with current MYR value...any chances it will go to under RM3.8 in near day?