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 USD/MYR v4

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koonghx
post Sep 7 2016, 06:13 PM

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This isn't strictly USD/MYR but it's related.
There might be arbitrage opportunity for MYR - KRW - USD

USD - MYR is currently quite stable.
However, KRW - MYR is dropping very rapidly this week.
This is due to KRW getting stronger against USD, but USD - MYR is relatively unchanged.

I was able to leverage this and sell KRW for MYR for a little profit.
I never studied econs, so I am not sure whether this is good or not but I am getting much better exchange rate than directly buying KRW.


koonghx
post Sep 12 2016, 12:27 AM

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I have this to deal with..

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koonghx
post Sep 12 2016, 06:48 PM

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QUOTE(AVFAN @ Sep 12 2016, 04:40 PM)
i feel you, does look bad.

won did not lose much to usd in the last month.

so rm lost a lot to won... 5%?
*
I kept a lot of MYR.......
Basically lost money..
Good thing I found a way now to buy Korean won below xe.com rate..

So, this downfall, made me now become Korean won seller icon_idea.gif brows.gif



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