USD/MYR v5
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 Mar 31 2018, 02:11 PM
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#121
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All Stars
48,447 posts Joined: Sep 2014 From: REality 
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QUOTE(doggmeister @ Mar 31 2018, 01:47 PM) Does this mean it will remain strong even after elections? I need to convert USD to RM but waiting until after elections hoping it will drop! Well since u want convert big amount.. Better convert batch by batch... The analysis sometimes cannot follow 100%... |
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Apr 20 2018, 07:02 PM
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#122
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(sandkoh @ Apr 20 2018, 06:55 PM) thanks, bro! u worry / thinking too much leh...but the money changer read ic content. is it safe as thumb print info etc is in the ic. will that have problem like being used later for other purpose? it's normal SOP  don't like / feel not safe.. go change at Banks.. u get "very good rate".. u know what I mean  This post has been edited by nexona88: Apr 20 2018, 07:04 PM |
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Apr 20 2018, 08:33 PM
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#123
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(sandkoh @ Apr 20 2018, 07:19 PM) oic. Well there's risk....thanks!  why you always like that? negative info.   it is my fren. he worried that the ic reader read the info. end up later used to "borrow" money from other places.  U don't want.. Like I said. Don't use. Simple as that... |
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Apr 30 2018, 04:45 PM
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#124
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Ckmwpy0370 @ Apr 30 2018, 03:09 PM) Will USD getting stronger after GE14? each 4.0? well many those Banks back analyser mention 3.80 This post has been edited by nexona88: Apr 30 2018, 04:46 PM |
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Apr 30 2018, 06:12 PM
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#125
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Hansel @ Apr 30 2018, 05:31 PM) I think only if BN wins big,....then can reach 3.80 or perhaps even lower. 3.80 already good enough..must be logic & not be too greedy |
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May 10 2018, 11:09 PM
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#126
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(powerlinkers @ May 10 2018, 05:11 PM) I did not foresee Pakatan Harapan's victory. based on Pakatan unexpected win???Those who have claimed ringgit would reach rm4.1-4.2 against 1 USD by the end of this year, your forecast would be true. Might be even worse. |
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May 15 2018, 02:34 PM
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#127
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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Don't have high hope on weak MYR for now...
Why?? Because the Elders Councils.. They the one would replanning all the policies... And looking at their track record.. No comments... Any how, like I said time to time.. Convert batch by batch... Don't ever goes 1 shot... Later u could regrets your decision... |
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May 15 2018, 04:30 PM
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#128
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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unless u gonna settled / stay in Singapore or US after retirement, MY is still your main home.. MYR stronger is good..
unless u want to bring back your foreign earnings.. then u all greedy hopping MYR is weak so each dollar worth more in MYR... |
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May 16 2018, 06:14 PM
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#129
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Hansel @ May 16 2018, 05:04 PM) Just DIVERSIFY your currency holdings ! This is the best ! endless possibilities... WE are, after all,... day in and day out earning the MYR. The supply of MYR coming in will never stop. If MYR is strong compared to ur foreign currencies, use ur MYR. If vice-versa, use ur foreign currencies and convert back. Whatever it is,... DO NOT give up ur foreign currency holdings and assets. Last 20 to 30 years, under BN, the MYR has been weakening,... today it's PH,... are we saying in the next 20-30 years, the MYR will go back to 1 against 1 vs the Singapore Dollar ? previously maybe because of BN useless policies... but looks like now could be different..... just saying only.. previously everyone die die say BN won't lose another 100 years.. but see what happen now... |
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May 17 2018, 06:34 PM
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#130
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(AVFAN @ May 17 2018, 06:25 PM) change/improvement won't happen overnight. hmm....may take months and years to get to a new trend or balance. too soon to take any position now, best to stay put. e.g... what if all is revealed and there had been a lot of false data?! interesting twist   » Click to show Spoiler - click again to hide... « |
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May 18 2018, 02:29 PM
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#131
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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I don't want to argue much..
Just let Tun M clean up all the mess / shit done previously... Which including his 22 year rule too... Then let's the figure does the talking... That's all can I say for now... Meantime if no confidence, just convert whatever u have now.. Since some mention 1USD=5MYR 😴 |
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Jun 5 2018, 11:13 AM
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#132
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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Well if u look around...
Many only focus on SGD or USD... So no wonder this 2 only famous and strong... Vs MYR... |
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Jun 5 2018, 01:09 PM
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#133
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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Actually not really because of 1 person...
SG tightened their rules.... Many high profile citizens from around Asia also kept thier $$ in SG... Hide their wealth from respectively countries.... |
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Jun 5 2018, 05:17 PM
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#134
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Hansel @ Jun 5 2018, 02:00 PM) Prior to this fella's case, SG has always given Malaysians special privileges,... After this fella, all those privileges were removed, and we became 'same' as everybody else. The privileges were accorded to us because of our historical ties with SG. Well lucky some of us already took the advantage of opening account in SG  Well before they "close the door" 💪 |
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Jun 5 2018, 07:40 PM
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#135
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Hansel @ Jun 5 2018, 05:38 PM) Most of the Ringgit is 'counterfeit notes',... don't know whether you guys heard the 'stories',..... Huh...Wait.. U mean real counterfeit money or just illegal cash?? |
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Jun 16 2018, 08:57 PM
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#136
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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Its expected...
Since rate hike.. Many fund manager pumping back their $$ into US |
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Jun 18 2018, 06:11 PM
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#137
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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"A combination of a weak currency plus cheaper price of goods would make Msia a haven for residents"??
Such BS... it's won't be cheaper price of goods... Many would suffer.. and more outflow is going now... from foreigners views.. it's big No for Malaysia. |
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Jun 19 2018, 11:25 AM
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#138
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Hansel @ Jun 19 2018, 09:49 AM) Please elaborate for me to understand your point better,... since you call it BS !! Perhaps I'm wrong,... I'll be happy to correct my understanding,... but please elaborate. Well for one.. Malaysia import many goods & products.. And many are priced in USD.. Since the greenback is stronger.. The cost of producs would be higher.. U might say GST is abolished.. So must be cheaper.. Yes. On paper must be cheaper.. But u needed to consider others cost too... Add that all up. The price won't be cheaper...Why do you say, for instance, : it's won't be cheaper price price of good... Many would suffer.... The second point : I understand,... more outflows is going now,.. but I would like for ourselves to be able to stand more on our own than to depend on foreign funds ONLY. |
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Jun 24 2018, 06:29 PM
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#139
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Ckmwpy0370 @ Jun 24 2018, 05:50 PM) perhaps Tun M again peg the ringgit currency at 3.8 to the dollar like in year 1998 for temporary? well Tun M did mention the "real value" of MYR is 3.80 but, I can highly & confidently says.. the peg wont happen for now.... might happen if MYR breach 5.00 mark |
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Jun 26 2018, 11:19 PM
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#140
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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from the article
I can sense Tun M is targeting those holding Hard cash in their house.. Songlap Money... by issuing new currency, meaning the current one become No value.. The effect to go either way from foreign investors perspective... but look at India... the effect is really bad initially but the positive side. more are using cashless method now.. also there's hike in new bank account opening  which we Malaysia won't have issues because Many of us have banking account. at least 1 bank account... |
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