HSBC expects another 25 bps cut in OPR
http://www.thestar.com.my/business/busines...bps-cut-in-opr/
If cut materialize, MYR may say Hello to 4.10 again
USD/MYR v4
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 Sep 6 2016, 08:36 AM
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10,001 posts Joined: May 2013 
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Sep 6 2016, 09:46 AM
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Trade Dispute
2,644 posts Joined: Sep 2013 
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QUOTE(wil-i-am @ Sep 6 2016, 08:36 AM) HSBC expects another 25 bps cut in OPR lol..http://www.thestar.com.my/business/busines...bps-cut-in-opr/ If cut materialize, MYR may say Hello to 4.10 again  |
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Sep 6 2016, 10:13 AM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(wil-i-am @ Sep 6 2016, 08:36 AM) HSBC expects another 25 bps cut in OPR Last time cut tak rasa pun....http://www.thestar.com.my/business/busines...bps-cut-in-opr/ If cut materialize, MYR may say Hello to 4.10 again |
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Sep 6 2016, 11:49 AM
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All Stars
48,439 posts Joined: Sep 2014 From: REality
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404 - File or directory not found
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Sep 6 2016, 11:52 AM
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Junior Member
842 posts Joined: Nov 2007 From: 3°05′N 101°39′E plus α
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Any chances RM will have 1USD=RM3.8 by this year?
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Sep 6 2016, 11:59 AM
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Senior Member
817 posts Joined: Mar 2014
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QUOTE(mujinkun @ Sep 6 2016, 11:52 AM) Any chances RM will have 1USD=RM3.8 by this year?  highly unlikely! |
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Sep 6 2016, 12:47 PM
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All Stars
24,454 posts Joined: Nov 2010
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QUOTE(wil-i-am @ Sep 6 2016, 08:36 AM) HSBC expects another 25 bps cut in OPR may get to 4.1 before that.http://www.thestar.com.my/business/busines...bps-cut-in-opr/ If cut materialize, MYR may say Hello to 4.10 again fed's hike in sep almost zero chance now, maybe in dec. yet rm depr against all others. usd 4.081 sgd 3.007 aud 3.11 uk pd 5.44 crude oil price gained last 2 days. maybe something else happening...? we know there is a lot of foreign/china money in mgs now - this one may determine rm in the coming weeks/months. |
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Sep 6 2016, 01:52 PM
Show posts by this member only | IPv6 | Post
#988
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(mujinkun @ Sep 6 2016, 11:52 AM) Any chances RM will have 1USD=RM3.8 by this year? Anything is possible here if u willing to wait |
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Sep 6 2016, 01:53 PM
Show posts by this member only | IPv6 | Post
#989
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Senior Member
10,001 posts Joined: May 2013
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Not much of movement today
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Sep 6 2016, 02:15 PM
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Senior Member
1,862 posts Joined: May 2013
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Cashed out on Kangaroo fkers $
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Sep 6 2016, 03:57 PM
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All Stars
48,439 posts Joined: Sep 2014 From: REality
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QUOTE(mujinkun @ Sep 6 2016, 11:52 AM) Any chances RM will have 1USD=RM3.8 by this year? endless possibilities  |
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Sep 6 2016, 04:17 PM
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All Stars
48,439 posts Joined: Sep 2014 From: REality
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Bank Negara seen keeping key rate at 3%
http://www.thestar.com.my/business/busines...y-rate-at-3pct/ even no rate cut, we could see MYR says hello to 4.10  |
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Sep 6 2016, 05:19 PM
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Senior Member
817 posts Joined: Mar 2014
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QUOTE(Xnet @ Sep 6 2016, 02:15 PM) Cashed out on Kangaroo fkers $ you mean sell aussie $? |
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Sep 6 2016, 05:22 PM
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All Stars
48,439 posts Joined: Sep 2014 From: REality
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Closing was 4.0840 as per BNM @ 6 Sep 2016 (Tuesday) compare with 4.0725 @ 5 Sep 2016 (Monday)
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Sep 6 2016, 05:41 PM
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Senior Member
1,862 posts Joined: May 2013
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QUOTE(sandkoh @ Sep 6 2016, 05:19 PM) you mean sell aussie $? Held it when it was below 3 So cashed out Now to hunt for something else |
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Sep 6 2016, 05:45 PM
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Senior Member
817 posts Joined: Mar 2014
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QUOTE(Xnet @ Sep 6 2016, 05:41 PM) Held it when it was below 3 So cashed out Now to hunt for something else did not know aussie $ went up so high. |
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Sep 6 2016, 06:45 PM
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All Stars
48,439 posts Joined: Sep 2014 From: REality
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The international reserves of Bank Negara Malaysia amounted to USD97.5 billion as at 30 August 2016. The reserves position is sufficient to finance 8.1 months of retained imports and is 1.2 times the short-term external debt.
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Sep 6 2016, 09:47 PM
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Senior Member
1,588 posts Joined: Oct 2010
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QUOTE(nexona88 @ Sep 6 2016, 06:45 PM) The international reserves of Bank Negara Malaysia amounted to USD97.5 billion as at 30 August 2016. The reserves position is sufficient to finance 8.1 months of retained imports and is 1.2 times the short-term external debt. 2 year historical chart here:http://www.bnm.gov.my/index.php?ch=statist...atement&tpl=491 |
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Sep 6 2016, 10:11 PM
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All Stars
48,439 posts Joined: Sep 2014 From: REality
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QUOTE(langstrasse @ Sep 6 2016, 09:47 PM) good info  |
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Sep 6 2016, 10:19 PM
Show posts by this member only | IPv6 | Post
#1000
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(langstrasse @ Sep 6 2016, 09:47 PM) Gud info to recap past history |
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