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 USD/MYR v4

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mujinkun
post Sep 6 2016, 11:52 AM

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Any chances RM will have 1USD=RM3.8 by this year?
mujinkun
post Dec 6 2016, 10:02 AM

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I fell hopeless with current MYR value...any chances it will go to under RM3.8 in near day?
mujinkun
post Dec 6 2016, 10:39 AM

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Will monitor war trade between China and US or Malaysia(if available)...dem la like now...MYR become useless already
mujinkun
post Dec 6 2016, 11:46 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,... sad.gif
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two or more week tooo slow...need some drrastic action from Bank Negara...
mujinkun
post Dec 6 2016, 12:26 PM

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QUOTE(wil-i-am @ Dec 6 2016, 12:13 PM)
Their objective is to calm rakyat plus to slow down outflow of funds
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Current propaganda from mainstream media didn't do any good to MYR value...worsen as it is...
mujinkun
post Dec 6 2016, 12:52 PM

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QUOTE(bbgoat @ Dec 6 2016, 12:49 PM)
I sure hope so, raise the rates !  rclxms.gif
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Me too hopes...

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