Singapore is unique as it's the only country in the world which has an explicit monetary policy to revalue SGD against its trading partners, primarily to control for inflation. As almost everything in Singapore is imported, it makes sense for them to have this kind of policy. Without a doubt, in the long run, SGD would gradually appreciate against MYR, breaching RM3.5 or even RM4. But how long would it take? 5 year, 10 year? Nobody knows for sure. In the short term, SGD would continue to fluctuate against the MYR.

Money changer only have currencies for foreign workers? You are staying at Selayang Baru?

"reduce speculation of the currency"

is that part of a blame game on a created fictitious enemy?

WHO is speculating the RM?

how can anyone do that in a meaningful way when it is not traded offshore like other currencies?

or foreign investors selling bursa and mgs are "speculators"?

or anyone selling RM to convert to other currencies for whatever purpose but complying with new rules are "speculators"?

i wish somebody can explain who is speculating, how much and how!

and why doesn't any of the top guns want to talk about the root reasons for lack of confidence?

i don't do the money changer way....use dci....and yes, you can do gbp-aud direct dci......

I thought some mention that we should wait for AUD to fall abit during early Jan-Feb because of some reason. Seems like its not happening.

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.

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.

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

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

Why reply to own post
Should be AVFAN

Blame also no use. The point now is .... what to do with your Rm and damage limitation on currency downfall.

Sgd and Aud still going up.. though slowly....
Dont have confidence on properties at the moment... so how?

Yeah.. should have change about a month ago. Back then everybody said Aus economy is in trouble. Should expect AUD to lower a bit but that didnt happen. Now still thinking if to change now or not. AUD today is 3.46 already. 

USD is also at all time high bro...

AUD rise started back in May last year around 2.93 region. Set to continue rising imho 
USD rise started back in mid-Apr last year around 3.84 region. Set to continue rising imho 
SGD rise started back in Apr last year around 2.86 region. Set to continue rising imho 
GBP rebound started back in Oct last year around 5.06 region. Set to continue rebouncing before big tumble imho 

What the rest of the world think your currency is worth. Damn bud, that's cruel man.

I understand the situation maybe dire right. Ow, but would there be a shimmer of hope?

Guys, what your view on this?

You can continue to wait while the currency continue to slide  or you can take some action   
Your choice. There's no right/wrong.

I will say no. Why? Simple household goods are increasing at a worrying rate.

If BN has a convincing win in the next GE, ringgit will rally - at least the political risk will be gone.