Yeah,... the MAS said to investors last night that they do not intend to lower the SGD band in the coming policy meeting in April because the economy looks okay now,... if this happens, then the SGD will run faster up against our RM,... don't know wished to be happy or sad here !

YES, bro AV,... my observation looks like it has repeated this time,..and yes, glad I bought earlier,....
But,... frankly, I really don't like this type of volatility even though I made quite some amt of $$$ this time,... I'd preferred to have certainty,...

Well u could be right...
Maybe next year only rate hike...

Zeti keep talking, our fundamentals are strong bla bla bla. The RM will recover bla bla bla. Depreciated until today.

Is better that she shut the f up.

Thanks! Many interesting viewpoints here.

As far as investment goes I've only ever played with unit trust funds and even then I am extremely risk averse. Hence I am not familiar with stock trading. Anyway thanks for all of your input, I will need to digest the below and make my decision

Lets give him some pressure to change his risk appetite 

If the inflation rate in Malaysia is 3%, in five years, his RM value will lose by 15.9%

In another words, if he keeps A$ under the pillow doing nothing for 5 years, the A$1 - RM3.41 today has to appreciate to RM3.95 just to beat inflation. If A$ does not appreciate to 3.95, his inflation-adjusted wealth will shrink.

That is just the official inflation rate. We all knew it is way higher than that. Let's say it is 6%. The Aussie dollar has to appreciate to 4.56 just to beat inflation and breakeven.

So, By making the decision to come back to Malaysia, he has to sweat it out to fight inflation as well as currency depreciation just to preserve his wealth (let alone growing it). Risk averse person has no choice but to be more aggressive 

The solution to this dilemma is to invest in foreign currency investment. Then we take away the "RM depreciation" from the equation and fight only inflation

That's what many of us here including you and me are doing...

If same old thing, don't you think it will boost the RM for short term? Investor like stability and dislike volatility.

Report: Forest City buyers from China caught by capital controls
Read more: https://www.malaysiakini.com/news/376411#ixzz4bryMCNNU

If like that, why is indon seems more attractive now? They are more corrupt then us. I seems to see sites like bloomberg, reuters, market watch all recommending indon.

Highest foreign net inflow since 2013
http://www.thestar.com.my/business/busines...low-since-2013/
Good for MYR     

BNM, rather than thinking of how to improve the economy go terrorize the poor rakyat and squeeze them of their money in every possible way. The government has run out of ideas to increase their revenue other than squeezing the poor rakyat.

Following are the highlights of the 2016 Bank Negara Malaysia Annual Report:

Malaysian economy projected to register a sustained growth of between 4.3 percent and 4.8 percent in 2017.

Bank Negara Malaysia declares dividend payout of RM2.5 billion to the government in 2016.

The current account is expected to register a surplus of between 1.0 and -2.0 per cent of Gross National Income in 2017.

Inflation is projected to average higher in the range of 3.0 percent and 4.0 percent in 2017.

Gross exports expected to increase by 5.5 percent in 2017 versus 1.1 percent in 2016.

Gross imports anticipated to rise 6.4 percent compared with 1.9 percent last year.

Malaysia's exports and imports poised to strengthen in 2017, underpinned by projected improvements in global growth, commodity prices and sustained domestic demand.

Trade balance will remain in surplus in 2017.

Ringgit depreciated by 4.3 percent to end at RM4.486 against the US dollar in 2016.

Bank Negara Malaysia's total assets stood at RM451.0 billion, with international reserves amounting to RM423.9 billion (US$94.5 billion).

International reserves remain ample to facilitate international transactions and sufficient to finance 8.5 months of retained imports and is 1.1 times the short-term external debt.

Malaysia's external debt stood at RM908.7 billion, equivalent to US$200.6 billion or 73.9 percent of GDP, at end-2016 (2015: RM833.8 billion).

The unemployment rate rose to 3.5 percent in 2016 from 3.1 percent a year ago, due to slower job creation amid more moderate economic growth.

The services sector recorded a higher growth of 5.6 percent in 2016 from 5.1 percent in 2015, backed by expansion across all sub-sectors.

Read more: https://www.malaysiakini.com/news/376792#ixzz4c8y862ti

Malaysia Central Bank Sees Challenging Year as Inflation Climbs
Bank Negara narrows growth forecast to 4.3%-4.8% from 4%-5%
Inflation set to accelerate and average 3%-4% on oil prices
Malaysia’s central bank said this year will be another challenging one for monetary policy as inflation pressure builds and risks loom over the economy.
https://www.bloomberg.com/news/articles/201...nflation-climbs

BNM to introduce new measures to deal with ringgit value
Bernama | March 23, 2017

KUALA LUMPUR: Bank Negara Malaysia (BNM) is planning to introduce new measures to help businesses to deal with the ringgit’s value, Governor Muhammad Ibrahim said.
He said the measure would help hedge the ringgit against other currencies, providing a better balance in the country’s foreign exchange market.
“The Financial Markets Committee will make an announcement once the measures are discussed with the industry and businesses,” he told a briefing at the BNM Annual Report 2016 release, as well as the Financial Stability and Payments Report here today.
Meanwhile, Muhammad said BNM would announce the names of financial institutions that failed to follow procedures.
“Banks that have been penalised would also be made known to the public, including the penalty amount and reasons,” he said.
Earlier this year, BNM fined an unnamed financial institution some RM1.4 million for failing to follow the procedures.
http://www.freemalaysiatoday.com/category/...-ringgit-value/

The more they implement the scarier the small fries... Big investor then I'm not sure.

Why it is still volatile now? I thought RM strengthen after the China pouring money..

Singapore Dollar Bulls Are Gathering in the Swap Market
by Masaki Kondo
March 27, 2017, 6:03 AM GMT+8

Rates markets indicate traders see less chance of easing
Discount to U.S. two-year swap shrinks to least since 2012

Singapore’s interest-rate markets are signaling gains for the local dollar as bets grow the nation’s central bank will avoid easing policy next month and some economists are starting to forecast tightening in October.

“The MAS has built a decent amount of reserves in the past months and, to my understanding, the central bank hasn’t fully sterilized the interventions,” he said. “That’s what’s keeping liquidity really flush.”
https://www.bloomberg.com/news/articles/201...licy-meet-looms

Already knew this earlier, bro,... glad I've alwys been having this outlook for the SGD ! The MAS just loves to strengthen her currency at the slightest opportunity,... if they don't do it in April,.. they'll do it later,... but sure to do it,..

So many times same story over and over again, wait for this wait for that announcement, in the end  Sgd keeps going up and up against Myr. We just have to accept that Myr is just going down the drains.

What Bank Negara doing? So many policies in place and yet unable to stabilise the RM.

DFTZ, Jack Ma setting up shop in Malaysia?

Offshore ringgit NDF trades down 70% amid central-bank curbs
Officials looking to revive debt interest after foreign flight
https://www.bloomberg.com/news/articles/201...eters-investors