So everyone is stocking up USD due to the crisis?
USD/MYR v5
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 Mar 22 2020, 12:08 PM
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#41
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Senior Member
7,353 posts Joined: Aug 2015   
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Mar 23 2020, 08:57 AM
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#42
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Senior Member
7,353 posts Joined: Aug 2015
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SGD still pretty strong. Damn. Lucky SG people.
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Mar 23 2020, 11:02 PM
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#43
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7,353 posts Joined: Aug 2015
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With unlimited qe implemented by the US, will we see USD going down?
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Apr 24 2020, 03:13 PM
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#44
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7,353 posts Joined: Aug 2015
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QUOTE(GrumpyNooby @ Apr 24 2020, 02:41 PM) Super strong? Not sure where did he got the impression that MYR is strong    |
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Apr 25 2020, 11:30 PM
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#45
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7,353 posts Joined: Aug 2015
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QUOTE(GrumpyNooby @ Apr 25 2020, 11:08 PM) 25 basis points is too little. Economy recession is so real this time round if this happens...Rumours are blowing very strong for 50 basis points cut for May 2020 round. |
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Nov 16 2020, 11:10 AM
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#46
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7,353 posts Joined: Aug 2015
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QUOTE(GrumpyNooby @ Nov 16 2020, 10:22 AM) Signing of RCEP pushes ringgit higher against US$ Bad news for export oriented counters?KUALA LUMPUR: The ringgit opened higher today against the US dollar, supported by the signing of the Regional Comprehensive Economic Partnership (RCEP) yesterday. The RCEP agreement was signed among its 15 participating countries. Participating countries include the 10 member countries of the Association of Southeast Asian Nations (ASEAN), as well as China, Japan, South Korea, Australia and New Zealand. At 9.06 am, the local currency stood higher at 4.1150/1230 against the greenback compared with last Friday’s close of 4.1220/1260. https://www.thestar.com.my/business/busines...gher-against-us |
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Aug 10 2022, 11:33 PM
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#47
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7,353 posts Joined: Aug 2015
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QUOTE(nexona88 @ Aug 10 2022, 02:28 PM) 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. Wishful thinking la. With GE also looming just don’t see this happening.😁 |
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Sep 27 2022, 11:23 AM
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#48
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QUOTE(james.6831 @ Sep 26 2022, 07:25 PM) 4.6 liao so fast...soon 4.7 next... Dropping like a fly....at this pace RM5 is not far away |
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