You want sgd? Pm me

Why should it fall? The key commodity prices are slowly climbing its way up. Ours should too, but it is not even moving at all.

Yeah.. i also think so bro.. it has reach the peak.. i think now RMB ahould be a nice choice to xonvert it too

Maybe malaysia will drop further but if choosing a currency that is on it peak i rather choose a steady currency that will maintain or rise a bit..

Last quarter of 2016 to date, the international reserves of BNM amounted to:

as at 30 September 2016: USD97.7 billion (equivalent to RM405.0billion)
as at 14 October 2016: USD97.8 billion (equivalent to RM405.6 billion)
as at 31 October 2016: USD97.8 billion (equivalent to RM405.5 billion)
as at 15 November 2016: USD98.3 billion (equivalent to RM407.8 billion)
as at 30 November 2016: USD96.4 billion (equivalent to RM399.6 billion)
as at 15 December 2016: USD96.4 billion (equivalent to RM399.7 billion)
as at 30 December 2016: USD94.6 billion (equivalent to RM424.2 billion)
as at 13 January 2017: USD94.3 billion (equivalent to RM422.9 billion)
as at 31 January 2017: stay tune 6-7 February 2017

You want to change COD or trf it from sg to Malaysia?

Want to buy IDR in Malaysia or Indonesia. . Selling AUD in Australia

RMB should be target next as there are plans for the currency to be free-floated.

Dec 15 to Dec 30 drop quite a lot
But from Dec 30 Jan 13 seems little differences only..
I thought bnm is actively interfering the currency market?? No??

A stable currency would be SGD I would say.

Actually sgd compare to rm is count steady but there is some u.s shipment company after trump be the official one most of the ships now move to port in jb.. so it will still stable because of many billionaire putting their asset there..
For me sgd will move between 3.08-3.20 max this years

This post has been edited by SkyZ3312: Jan 22 2017, 11:32 PM

U need to break down the fluctuations into trade and non-trade in/outflows before can establish the extent of interference

i target 3.09 - 3.18 region first. Once 3.18 achieved then revisit

Markets are reacting to trump address.

It is seen as protectionist, inward looking.

Hence the $ is falling, $ index now below 100.

It will take a bit more clarity which way the greenback will go from here.

Today, i sell some $, need rm to spend.

While rm gained to low 4.4x, it is almost unchanged with sgd and aud.

So, this round is a pure trump-$ effect.

Bank's TT rate also has fallen. CB rate now 4.4685 vs 4.5245 rate I bought 19 days ago.

Bro,.. then it looks like the RM has found a new normal level with the SGD and the AUD,... the weakest ever.

since they now don't say much, we have little idea what they are doing.

the impt thing is the RM cannot and will not fly against all major currencies at the same time, not for a long time.

so, as long as u hv a mix of usd-sgd-aud-euro-gbp, very safe.

Yeah,... The basket of major currencies would only be useful if one is hedging against the RM, in case the RM strengthens against one currency, then we can use a different stronger currency to buyback RM, in order to use in the ctry.

Otherwise, if we are only keen on using some targetted currencies in the world in order to invest, then we don't need to have such a big range.

Frankly, bro,... you should now buy more of the USDs to pull-down yr average exchange rate.

any effect of withdrawal of the US from TPPA ?