wonder if can ever reach Aug 2015 rate back       

I would disagree on that. Most tycoons and very rich people all have a lot of properties, businesses overseas. They even send their children overseas and help them settle down over there getting Citizenship over there. Ask our local vips and politicians and see where they send their children to? In short, most of the elite already know that the country and the economy is in the ruins long time ago and hence send their children to seek greener pastures overseas. Now don't get me wrong, I love this country and Im not being unpatriotic by saying such things but these are the bare facts. Only the common people like you and me are stuck here.

In April 2016, it even dipped lower than that !

http://www.xe.com/currencycharts/?from=USD&to=MYR&view=1Y

now that china is bailing out 1mdb, any chance of myr strengthening? what do you all think?

before u ask others, pls say what YOU think first.

Agreed. My purchase history of USD, using TT:

Aug 2015: 3.96
Jan 2016: 4.45
Aug 2016: 4.04

I hope Jan 2017 it stable at current level or best still, go to 4.0x. 

Agreed. My purchase history of USD, using TT:

Aug 2015: 3.96
Jan 2016: 4.45
Aug 2016: 4.04

I hope Jan 2017 it stable at current level or best still, go to 4.0x. 

Unlikely to move so drastic unless exceptional events

u sound very frus and desperate! 

jan is < a month away.

watch dec 14, fed hike imminent.

i give 4.0x 5% chance, 4.3x 35%, 4.4x 60%.

and i see BNM continuous intervention using reserves to keep it <4.50.

now that china is bailing out 1mdb, any chance of myr strengthening? what do you all think?

now that china is bailing out 1mdb, any chance of myr strengthening? what do you all think?

now that china is bailing out 1mdb, any chance of myr strengthening? what do you all think?

Ya, the 4.0x level NOT likely to reach. More likely is 4.3x the most. 
Did I sound frus and desperate ? 

Read my lips, I said earlier: I hope it stabilize at current level, by Jan 2017. 

Ringgit To Strengthen To RM4.00 Against US Dollar In 2017: Trade Expert
http://www.malaysiandigest.com/business/64...ade-expert.html

Hmm boleh percaya kah     

Bank Negara to iron out admin processes following latest measures
http://www.thestar.com.my/business/busines...atest-measures/

BNM under pressure fr industry players to calibrate its measures

Ringgit To Strengthen To RM4.00 Against US Dollar In 2017: Trade Expert
http://www.malaysiandigest.com/business/64...ade-expert.html

Hmm boleh percaya kah     

Using BNM rates (from the Interbank Foreign Exchange Market in Kuala Lumpur at 11.30am) and comparing the exchange rates on 1 November (before the US presidential elections) and 1 December, against the three countries, the results are not satisfactory. The Chinese Yuan and Thai Baht strengthened about 5% and Singapore Dollar (SGD) about 4% against RM.

If we go back further to 2 January 2013, the Yuan, Baht and SGD have strengthened 33%, 26% and 25% respectively against RM.

You can say the time when the RM crashed to as low as RM4.725 to the USD on 7 January 1998 is the worst. Let us be wary that we are still in the middle of a whirlpool.

Let us now look at the real effective exchange rate (REER). It is the weighted average of a country’s currency relative to an index or basket of other major currencies, adjusted for the effects of inflation. The World Bank website on REER index (taking year 2010 = 100) shows that in 2015, RM slid to around 92 while Yuan and SGD increased to 131 and 111 respectively. There were no figures for Baht. USD itself increased to around 114. For 2016, obviously the position will not be better for RM.
http://www.malaysia-chronicle.com/state-of...on-to-najib-co/