Why would MNCs do so? So that they have to give partial ownership to a certain race? Or they would like to deal in our every falling Ringgit? I dont think so.

Btw, its time to target SGD$1 to Rm3.20.

This post has been edited by TOMEI-R: Feb 24 2017, 03:46 PM

This 2 years I think not so ez time for our beloved MYR imho

in the next 10 years, millions more unskilled workers (who repatriate wages home) will relocate here.

that is already here.

cimb today rm3.1965 to buy sgd1.

i see 3.30 by year end.

Haiz, this is just the beginning of the year. Still so long until enf of the year.

At the rate the Rm is falling, i would predict 3.5 at least. Go go Sgd!

that is almost another 10%.

will happen if and when BNM decide it can't afford to intervene anymore.

Don't think that's going to happen. Remember they force exporters to convert 75% of their earning back into RM every 3 months?
By end of march want or don't want exporters have to convert back their earning in RM. It should give the RM some boost temporarily every 3 months.

Jibby and co needs the cash to make sure they win the coming GE. He wont be bothered so much about defending the Rm but rather giving sweeteners like BRIM to garner support.

This post has been edited by TOMEI-R: Feb 25 2017, 11:35 AM

Target 3.18, then 3.28, then .....

Bank rates are already 3.18-3.19. Even at our fav money changer, the rates are already 3.15.

3.18 should be inveitable by next week.

My target is 3.30

Break that barrier, then its all the way to 3.50

This post has been edited by kopifan: Feb 26 2017, 04:51 PM

i target 3.25 first

This post has been edited by kopifan: Feb 26 2017, 04:52 PM

Yours Target with mine not so far

Rainy morning...


Sgd 3.165 to 3.17 at money changers this morning.


SGD up up up!

USD 4.435. Still cheap.

3.20 by end of the week

Or next week..

Time to change directions?

Like mentioned, Rise of the Sgd is imminent.