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 USD/MYR v5

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coolguy99
post Mar 22 2020, 12:08 PM

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So everyone is stocking up USD due to the crisis?
coolguy99
post Mar 23 2020, 08:57 AM

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SGD still pretty strong. Damn. Lucky SG people.
coolguy99
post Mar 23 2020, 11:02 PM

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With unlimited qe implemented by the US, will we see USD going down?
coolguy99
post Apr 24 2020, 03:13 PM

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QUOTE(GrumpyNooby @ Apr 24 2020, 02:41 PM)
Super strong?  rclxub.gif
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Not sure where did he got the impression that MYR is strong confused.gif
coolguy99
post Apr 25 2020, 11:30 PM

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QUOTE(GrumpyNooby @ Apr 25 2020, 11:08 PM)
25 basis points is too little.
Rumours are blowing very strong for 50 basis points cut for May 2020 round.
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Economy recession is so real this time round if this happens...
coolguy99
post Nov 16 2020, 11:10 AM

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QUOTE(GrumpyNooby @ Nov 16 2020, 10:22 AM)
Signing of RCEP pushes ringgit higher against US$

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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Bad news for export oriented counters?
coolguy99
post Aug 10 2022, 11:33 PM

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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.
😁
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Wishful thinking la. With GE also looming just don’t see this happening.
coolguy99
post Sep 27 2022, 11:23 AM

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QUOTE(james.6831 @ Sep 26 2022, 07:25 PM)
4.6 liao so fast...soon 4.7 next...
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Dropping like a fly....at this pace RM5 is not far away

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