Thats crazily high... Suria KLCC money changes rate are no good.

I have a feeling that our f'ed up gov't is trying to prevent the citizens from travelling outside of the country,...

Or rather their taps have run dry defending the ringgit againsts the USD last 2 months. Now they just dont give a damn anymore.

What the rest of the world think your currency is worth. Damn bud, that's cruel man.

I understand the situation maybe dire right. Ow, but would there be a shimmer of hope?

Guys, what your view on this?

I've been thinking,.. I think if one does not have ambition to involve with foreign matters, eg to travel overseas, or to send children for overseas education, or to invest overseas, etc... should be okay for them, right ?

The inflation in-country should be quite manageable if they control their expenses, eat cheap food, stay in an economical way,...

The currency thing only affects those who wish to involve with foreign matters.

Wait a minute...
Got typo error or what...
Why 31 Jan & 15 Feb is same figure... Unchanged

becos $ index softened after fed minutes released - dovish.

since rm is crawl pegged to $, it falls against all other majors.

new RM record lows being made now.

but many are happy about it, insisting it is all good, very good for exports.

like that... so good... can devalue more, ya?
no only electronics... food will be next.

china producer prices now rising fastest in 5 years.

it will start to export higher inflation.

msia imports a lot of stuff from china.

Not confident in the MYR in the next 10 years unless a lot of MNCs relocate from Singapore to Malaysia.

Why would MNCs do so? So that they have to give partial ownership to a certain race? Or they would like to deal in our every falling Ringgit? I dont think so.

Btw, its time to target SGD$1 to Rm3.20.

Bank rates are already 3.18-3.19. Even at our fav money changer, the rates are already 3.15.

3.18 should be inveitable by next week. 

My target is 3.30

Break that barrier, then its all the way to 3.50

Rainy morning...
Sgd 3.165 to 3.17 at money changers this morning.
SGD up up up!

Really    Why is SGD keep going up?   Anything which we don't know about? 

ya, selling more nasi lemak and charkoayteow will push RM up.

the right question to ask is WHY rm keeps sliding against so many others?

and for so long... >3 years and counting!

forget usd, sgd, aud...

WHY can it not stay the same as its peers - thai baht, filipino peso, rmb... even bangladeshi taka?!

of course, if one subscribe to "speculators, traitors, sabotageurs, conspirators", that will always explain everything bad.
yes, $ has been declining as markets felt trump talked louder than he is doing anything.

and fed has been rather dovish in last few weeks.

but... the tide may change soon.

.. trumps speaks this morning(local time), may move markets
.. fed may actually hike rates in march:
http://www.cnbc.com/2017/02/28/fed-moves-t...-rate-hike.html

if rate hike and $ rises again, we will have to see if BNM will continue to crawl peg the RM or let it slide.

and against all that, nothing changes - unresolved mega scandals, hudud talk, no cut in gomen spending. still counting on exports and tourists for rm strength?

AVFAN why isn't Saudi's investment helping to boost the RM abit?

Correct. The Arabs and Chinese did pledge the money. But how soon these funds are being transferred in and where these funds being pumped into remains another question. And how our government "manages" the funds is another question.

The RM is already down in the drains. There wont be any "rock bottom" as you mentioned and it will keep falling as long as there is no proper running of the economy by those in power. Mind you, do you know that our currency is worth even lesser now compared to last time compared to Bangladesh's Taka. So does this means even Bangladesh is doing better in terms of economy than us?