Hahaha...
U still remember him/her
Anyway, 5 is unlikely for the time being as Banks imposed a lot of stringent process by requesting a lot of supporting docs

fresh reads:

Lets monitor whether MYR can stabilize ard 4.40+/- until end of tis mth as trader/investor r awaiting @ sideline to cash out the moment it start to appreciate

Ringgit volatility sharply lower as FMC measures take effect
http://www.thestar.com.my/business/busines...es-take-effect/

after reading so much here, i still dont have any concrete plan what to convert into..

funny when I head people convert but what happens to that foreign currency AFTER conversion?

If the rate continues to go south as it did >1 week ago, I would buy immediately. But as it goes now it "stabilize" so I can wait till early Jan. I then will observe the movement and have window of 10 days or so to buy.

Luck ? I don't think so. Just pick the rate that suits me at the time of buying.

as of last night, $ resumed strength, index at 101.60

$ gained against euro, yen, sgd.

but $/RM flat at 4.42... bnm continuous intervention?

opec-non opec meeting today is the one to watch.

a significant outcome will have impact on oil price and hence the $.

next week, incl fed dec 14 will be key to watch currency movements.

Seems like myr is stabilized..
Maybe like the previous report says. Bnm new rules have reduced the movement..

RM likely to trade between 4.42 and 4.35 against USD next week
http://www.nst.com.my/news/2016/12/195846/...t-usd-next-week

I presume a lot of Ppl will q up to change if MYR were to hit 4.35

M surprise to note tat M'sia was invited to attend non OPEC meeting
Not sure whether M'sia will join d alliance to cut or maintain status quo

Would gladly change some myr if hit 4.35 as said in previous report..

Sure long que at money changers

I presume there r various reason(s) as to y Ppl change

What time the meeting???

No need wait....long queues already at mvm now....

Really??
What the rate now??
Didn't see it

So far, only five of the 14 oil-producing countries invited by Opec have confirmed their attendance: Russia, Oman, Azerbaijan, Kazakhstan and Mexico.

https://www.ft.com/content/03971da4-be02-11...45-b8b81dd5d080

This post has been edited by AVFAN: Dec 10 2016, 03:53 PM

Good news if it is to hit 4.35. But are they ever right ? Lets see.

Do u think Malaysia will attend or not for the meeting??

Hey why I cannot access the link huh??

This post has been edited by nexona88: Dec 10 2016, 06:46 PM

what i think is not impt.

msia is minor producer, need to INCR output.

if not, how will petronas survive? donations?!!



non-opec not in talks: usa, china, norway, brazil.

opec 1/3 world production.

non-opec 2/3.