USD/MYR v5
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 Apr 26 2020, 04:59 PM
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#221
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All Stars
48,447 posts Joined: Sep 2014 From: REality 
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QUOTE(GrumpyNooby @ Apr 26 2020, 01:15 PM) Well it depends on the GDP numbers too. Well PM do mentioned previously..If GDP is too bad or expected to be bad, a 50 basis points cut in May 2020 is unavoidable.  We losing 2.4bil per day for MCO.. So u think GDP would effect or not π€ |
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Apr 26 2020, 06:32 PM
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#222
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(GrumpyNooby @ Apr 26 2020, 05:09 PM) I didn't follow his interview but that translated to lost of RM 96 bil. whatever is it..Malaysia would suffer.. with rest of the world for sure.. Covid19+LowCrudePrice= disaster  |
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May 21 2020, 12:05 AM
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#223
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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is this somehow like "bailout"??
previously it's Goverments funds like EPF, KWAP, TH etc. now BNM also include in list... |
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May 21 2020, 06:17 PM
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#224
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(oro103 @ May 21 2020, 11:19 AM) Ringgit is sampah tier currency then which currency u consider as "top class" tier  |
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Dec 21 2020, 04:45 PM
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#225
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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Ringgit to be 3.95 against US dollar by end-2021, says Kenanga Research
  This post has been edited by nexona88: Dec 21 2020, 04:46 PM |
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Dec 21 2020, 05:51 PM
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#226
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Ckmwpy0370 @ Dec 21 2020, 05:25 PM) ah ya Oh Noooooo...impossible! treat this as fake news  Be prepared to go into jail π€£π π€ͺ But seriously... It's more towards the weakness of USD than strength of MYR π€ |
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Jul 20 2022, 04:45 PM
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#227
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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AmBank Group Research expects the ringgit to trade between the support level of 4.450 and 4.470 while its resistance is pinned at 4.560 and 4.610
otw to 5.00  |
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Jul 20 2022, 06:01 PM
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#228
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(tifosi @ Jul 20 2022, 05:57 PM) 4.45 used to be resistance, now has became support level Prepared for the worse...  One of many reasons because of US rate hike... There's others factor too... Including Malaysia own weakness... |
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Jul 20 2022, 06:55 PM
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#229
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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needed to hit 4.80 first...
then all hell break lose  |
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Jul 21 2022, 01:33 PM
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#230
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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Needs to watch out at least 4.60...
Then 4.80 towards 5.00 Can happen this year? Or next year... Who knows.... Market is irrational |
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Jul 22 2022, 05:25 PM
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#231
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Happy360V2 @ Jul 22 2022, 04:48 PM) If US federal reserve keep raising interest rate...Chances of outflow will be imminent. Yes.For malaysia to attract dollar, malaysia will need to raise interest... If not possible, ringgit have to devalue further to remain attractive for foreign investor. Outflow is confirmed... There's high expectations of another rate hike during next meeting... Another 2 round of rate hike... |
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Aug 4 2022, 04:29 PM
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#232
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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AmBank Group Research expects the ringgit to trade between the support level of 4.450 and 4.460 while the resistance is pinned at 4.560 and 4.610. otw to 4.80 faira_faizal liked this post
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Aug 6 2022, 12:21 PM
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#233
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Hansel @ Aug 6 2022, 09:05 AM) Yeah bro,... Those earnings in SGD happy to the banks πAnd at All-Time-Low vs the SGD yesterday,... |
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Aug 6 2022, 08:21 PM
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#234
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Hansel @ Aug 6 2022, 03:12 PM) So are those investing in the SGX and in other SG instruments,... Not forgetting those in USD too π€ |
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Aug 6 2022, 08:22 PM
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#235
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Happy360V2 @ Aug 6 2022, 04:27 PM) Now is SGD to MYR is 3.23. Otw 3.50 πhappy all the way......Β malaysia paper is worthless This post has been edited by nexona88: Aug 6 2022, 08:23 PM |
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Aug 6 2022, 09:49 PM
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#236
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Happy360V2 @ Aug 6 2022, 09:07 PM) Yes if us fed keep increases their rate.. Well...Malaysia gov will need to match....else outflow will be severe... There's more rate hike later... Malaysian gomen under pressure.... Especially from the people... Asking to halt the rate hike... But personally... I don't think so... If they do... Impact would be negative.... |
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Aug 10 2022, 02:28 PM
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#237
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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MIDF Research said the ringgit remains undervalued based on the real effective exchange rate, adding that it could appreciate to RM4.25 per dollar by end-2022.
π |
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Aug 10 2022, 09:21 PM
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#238
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(Leo the Lion @ Aug 10 2022, 07:38 PM) I wish that it can go below RM4. Won't happen anytime soon π |
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Aug 10 2022, 11:49 PM
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#239
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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QUOTE(coolguy99 @ Aug 10 2022, 11:33 PM) Wishful thinking la. With GE also looming just donβt see this happening. Ya...Seriously.... How they got such target is really epic π |
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Sep 6 2022, 07:52 PM
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#240
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All Stars
48,447 posts Joined: Sep 2014 From: REality
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Otw to 4.80 then π
Malaysia Boleh πͺ |
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