I've been thinking,.. I think if one does not have ambition to involve with foreign matters, eg to travel overseas, or to send children for overseas education, or to invest overseas, etc... should be okay for them, right ?

The inflation in-country should be quite manageable if they control their expenses, eat cheap food, stay in an economical way,...

The currency thing only affects those who wish to involve with foreign matters.

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

Only for some people, I think,... The majority of those who live in the rural areas shld be able to manage,..

Rural places ya. Urban people no.

AUD NDF just hit 10 yr high @ 3.44660 last night
USD is back-tracking a bit from 4.466 @ Wed to 4.444 this morning
SGD NDF just hit 10 yr high @ 3.16561 this morning
GBP continued its Feb rebound to 5.588 this morning

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: USD95.0 billion (equivalent to RM426.0 billion)
as at 15 Feb 2017: USD95.0 billion (equivalent to RM426.2 billion)

need to further break the movements into trade, non-trade etc etc to get a better pic

As the US FED is on track to raise interest rates and the ongoing Trumponomics, USD is likely to continue its strength vs EM currency imho

or those buying imported goods. For e.g. I saw this dell Dell S2316H 23" Monitor used to be RRP @ 600+, now 860!!!!

Tq bros,... for your inputs, not very good news, I must say,... but knowing bad news is always better than not knowing any news at all !

Wait a minute...
Got typo error or what...
Why 31 Jan & 15 Feb is same figure... Unchanged

LGE and red bean army?

becos $ index softened after fed minutes released - dovish.

since rm is crawl pegged to $, it falls against all other majors.

new RM record lows being made now.

but many are happy about it, insisting it is all good, very good for exports.

like that... so good... can devalue more, ya?

no only electronics... food will be next.

china producer prices now rising fastest in 5 years.

it will start to export higher inflation.

msia imports a lot of stuff from china.

This RM really behsai liao.

Dear sifus, may I know which bank would able to exchange all my current RM to USD or SGD?

Would they imposed restriction if is big amount?

This post has been edited by oOoproz: Feb 24 2017, 11:46 AM

All banks can do that. But you cannot withdraw in SGD/USD. When you want to withdraw, they all will convert back to RM for you.

There's this thing call Foreign currency account.

Can double check here http://www.bnm.gov.my/?ch=en_press

the dovish tone won't last for long as Yellen has signaled readiness to hike rates
also the trumponomics in progress to make US great again!
good for exports only if global economy on uptrend, however it is more like downtrend nowadays

Relax bro... relax..

But to make your blood boil again, what do you think about Madinah Mohamad being appointed Auditor General? For someone who has no experience in Audit, might as well that appoint a taxi driver to that position. Now, where we on investor confidence?

This post has been edited by TOMEI-R: Feb 24 2017, 03:42 PM

Yes, there is truth to what you are trying to say but in the long run, price of goods and services are bound to rise as no matter what, we still do rely on imported goods and services.

My favourite currencies are at all time high....

Hmm seems it's correct as per BNM...

But still it's kinda weird the numbers unchanged

Don't tell me no outflow or inflow

Not confident in the MYR in the next 10 years unless a lot of MNCs relocate from Singapore to Malaysia.