QUOTE(bbgoat @ Dec 10 2016, 05:58 PM)
I wud say 4.35 is within reach since non opec have agreed to cut production plus gradual improvement in sentimentsUSD/MYR v5
USD/MYR v5
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Dec 11 2016, 01:55 PM
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#21
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Dec 12 2016, 11:32 AM
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#22
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QUOTE(AVFAN @ Dec 11 2016, 02:57 PM) For >2 years, oil price stayed low, prices of goods go up becos RM depr. Increase wages come with increase KPIWhen oil price goes back up, RM gain will not be able to stop inflation. The only thing that will overcome this is fast increasing wages. And that is not happening. Result... everyone becomes poorer. Except those with tens, hundreds of millions, billions. It's challenging for employee to meet numbers when the prevailing sentiment is poor |
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Dec 12 2016, 11:36 AM
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#23
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USD index spot down slightly today to 101.47 now
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Dec 12 2016, 08:50 PM
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#24
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Dec 12 2016, 08:52 PM
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#25
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xe.com indicates MYR appreciate slightly to 4.4120 today
Lets c whether tmrw onshore rate will follow the direction |
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Dec 13 2016, 08:29 AM
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#26
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QUOTE(spiderman17 @ Dec 13 2016, 12:20 AM) Compliance is not by choice. Once the money comes into their account, the bank is mandated to convert 75% into myr. So, yes, the exporters are already complying. In fact, Bank's HQ will auto convert (75%) once monies reach M'sia b4 credit the same into respective a/c |
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Dec 13 2016, 09:16 AM
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#27
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Dec 13 2016, 09:36 AM
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#28
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Dec 13 2016, 10:17 AM
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#29
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While v discuss, MYR is slowly moving towards 4.40 mark
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Dec 13 2016, 10:36 AM
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#30
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QUOTE(AVFAN @ Dec 13 2016, 10:30 AM) not so blatant la... that will amount to smuggling or illicit fund flows, big trouble if they wanna get u. I was make to understand affected exporters via their association have started to engage with BNM to fine-tune d nitty-gritty(s)i m sure there r better ways to delay, minimize the effects. successful exporters weren't born yesterday. but here is not the right place for such discussions. Lets c whether BNM willing to budge or status quo |
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