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TOMEI-R
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Jan 13 2017, 05:04 PM
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QUOTE(Hansel @ Jan 13 2017, 02:11 PM) If you are right, bro,... I'm glad I invested into SG 10 years ago,... tq, bro,...  Last time people were saying SGP will never breach the $3 mark. See whats happening now? QUOTE(Ramjade @ Jan 13 2017, 03:16 PM) Damn. I don't want it to go to 3.3 only change.  Then change now. What are you waiting for ? This post has been edited by TOMEI-R: Jan 13 2017, 05:05 PM
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TOMEI-R
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Jan 13 2017, 06:27 PM
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QUOTE(Ramjade @ Jan 13 2017, 05:33 PM) What am I waiting for: 1) I am overseas again 2) My parents are reluctant to travel down to Midvalley just to change (my place money changer only have IDR/INR/Nepal/Bangla)  Money changer only have currencies for foreign workers? You are staying at Selayang Baru?
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TOMEI-R
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Jan 14 2017, 06:08 PM
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QUOTE(podracerx1 @ Jan 14 2017, 03:52 PM) The ringgit is likely to improve to 4.40 level against the US dollar next week as sentiment towards the local note has started to improved, a dealer said. Affin Hwang Investment Bank vice-president/head of retail research Nazri Khan Adam Khan, said Malaysia's strong economic fundamentals and the higher crude oil and commodity prices would continue to support the ringgit. "Better trade data from China in terms of higher imports can potentially translate into better exports for Malaysia, thus boosting the ringgit recovery," said Nazri Khan to Bernama. http://m.malaysiakini.com/news/369221Again... another round of 'promising' statement in the hope of improving the Rm. Hopefully it does happen rather than 'cakap kosong'.
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TOMEI-R
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Jan 15 2017, 12:05 PM
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Morning.. USD $4.45 today AUD $3.35 SGD $3.119 Looks like SGD going to match AUD soon while RM takes a forever plunge. This post has been edited by TOMEI-R: Jan 15 2017, 12:05 PM
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TOMEI-R
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Jan 16 2017, 10:30 PM
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QUOTE(1tanmee @ Jan 15 2017, 09:55 PM) The OTC price for USD/MYR as of this morning: Buy: RM4.37, Sell RM4.48 tried to nego for cheaper selling price, but the m oney changer said too scared the price will increase further, and their profit lesser. Most money changer rates are not negotiable. So dont bother. QUOTE(Ramjade @ Jan 16 2017, 07:09 PM) Change RM > GBP. Then from GBP change to? U might get better rates if you change GBP overseas. But then again, unless you are travelling. If you do it here, I dont see what you will gain rather than losses from mkney changer exchange rates. This post has been edited by TOMEI-R: Jan 16 2017, 10:31 PM
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TOMEI-R
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Jan 16 2017, 10:35 PM
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QUOTE(Ramjade @ Jan 16 2017, 10:34 PM) Correction. Money changer rate can nego. Seen before with my eyes at Midvalley. Person infront of me. Can nego but they dont layan. Try yourself and see.
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TOMEI-R
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Jan 17 2017, 04:40 PM
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QUOTE(bee993 @ Jan 17 2017, 03:54 PM) sgd still so strong vs myr...last year this time i remember from 3.06 drop till 2.9 - 2.94 range already.i referring to 3 week before cny then the usd seem like stagnant for now.... All the talk about a possible Singapore economy slowdown seems just remain talk SGD $ is still strong as ever. More so against the RM.  Its even going up now approaching CNY. This post has been edited by TOMEI-R: Jan 17 2017, 04:51 PM
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TOMEI-R
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Jan 21 2017, 07:05 PM
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QUOTE(SkyZ3312 @ Jan 19 2017, 10:27 PM) I have Aud in Australia.. pm me if want ok? COD or deliver to any bank in Malaysia.. Anybody has SGP to change to MYR instead?
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TOMEI-R
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Jan 21 2017, 07:06 PM
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QUOTE(ILoveLalat.net @ Jan 20 2017, 10:36 AM) Yeah, AUD also is gaining in strength, holding some AUD from 2.80, but seriously things are getting worse from here on.  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. This post has been edited by TOMEI-R: Jan 21 2017, 07:06 PM
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TOMEI-R
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Jan 21 2017, 10:34 PM
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QUOTE(Hansel @ Jan 21 2017, 09:59 PM) Yeah,... I recalled someone saying the above too earlier,... but AUD did not drop till now,... There is no reason fro the MYR to appreciate against the AUD ! Better change now and not wait anymore,... or the MYR may drop further and further,... Only thing happening is the Rm dropping further and further.
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TOMEI-R
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Jan 22 2017, 12:47 PM
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QUOTE(SkyZ3312 @ Jan 21 2017, 10:55 PM) 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.. A stable currency would be SGD I would say.
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TOMEI-R
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Jan 24 2017, 05:18 PM
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QUOTE(Hansel @ Jan 24 2017, 03:46 PM) Sorry forummers,... should be for bbgoat : perhaps you should consider converting more now to pulldown yr average exchange rate. True... but then the question arises. Just converting wont help much. We need a plan on what to do with the converted currencies.... ie Investments, FDs etc.
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TOMEI-R
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Jan 27 2017, 08:34 PM
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QUOTE(kopifan @ Jan 26 2017, 01:15 PM) Suria KLCC buy/sell for SGD @ 3.13/3.14 MVM buy/sell for GBP @ 5.57/5.60 Last Friday MVM buy AUD @ high of 3.34 The only rejoice is buy/sell USD @ 4.38-4.40/4.42  Thats crazily high... Suria KLCC money changes rate are no good.
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TOMEI-R
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Feb 11 2017, 03:33 PM
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QUOTE(filage @ Feb 9 2017, 10:19 AM) Wow, can't believe AUD, NZD and SGD is so high now. Converted some AUD back to ringgit at 2.9x if not mistaken a while back. Should have waited. One thing for sure, our Rm value dropped a lot and is still dropping as we speak.
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TOMEI-R
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Feb 13 2017, 11:48 AM
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QUOTE(strace @ Feb 12 2017, 01:49 PM)  malaysia already peaked bottom from this model but if we're still heading for another freefall then i'm sure we know who to blame next Blame also no use. The point now is .... what to do with your Rm and damage limitation on currency downfall.
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TOMEI-R
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Feb 16 2017, 10:52 AM
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QUOTE(Hansel @ Feb 15 2017, 08:30 PM) Yeah,... only way : change as much as possibly into foreign currencies, or, if no confidence towards foreign currencies, buy properties hoping for capital gain. Sgd and Aud still going up.. though slowly.... Dont have confidence on properties at the moment... so how?
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TOMEI-R
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Feb 16 2017, 11:02 AM
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QUOTE(Ramjade @ Feb 16 2017, 10:57 AM) Is USD stagnant or going up again? +- but around 4.3. Not much movement I would say.
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TOMEI-R
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Feb 16 2017, 11:08 AM
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QUOTE(Ramjade @ Feb 16 2017, 11:06 AM) Excellent. The RM peg should hold the rise of USD at bay even if it's moving up for the time being... (which means getting the USD at cheaper price compare to real rate) Need some USD. Cannot say the same for SGD.  Yup... but holding on to the USD is ok too. Since everyone accepts it worldwide.
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TOMEI-R
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Feb 16 2017, 11:18 AM
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QUOTE(Hansel @ Feb 16 2017, 11:15 AM) I think,... if you have confirmed needs for the AUD for now or in the near future, must buy already,.. if no need, then can sit back. But I really don't think the MYR is going to restrengthen anytime soon vs the SGD and the AUD. For currency plays, buy USD,... high chances to appreciate against ALL currencies in future,.. BUT,... the AUD is fighting back very strongly ! 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... This post has been edited by TOMEI-R: Feb 16 2017, 11:19 AM
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TOMEI-R
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Feb 16 2017, 11:38 AM
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QUOTE(Hansel @ Feb 16 2017, 11:29 AM) NO bro,... Aus economy is showing good signs,... I struggled to chg from one to two mths ago, despite having quite some AUD in-hand too,... I'm glad my average exchange rate is now hovering at 3.35%, 3.26% and 3.28%. Still seems high compared to one year ago,... but this is the best for now. With the converted AUD,... I will earn more AUD by investing into the ASX !!!!!!!!!! So,... I considered this is acceptable ! Edited by adding : I suspect that the Aus economic cycle is now on an uptrend. Hence,... If I go in now, I would be JOINING THE MKT on an uptrend,... we'll know later on down the road,...Yes, its like a gamble. We must also consider we might miss the boat if we dont jump on now... Decisions.... Decisions.
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