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 USD/MYR v5

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MGM
post Jan 6 2017, 01:47 PM

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QUOTE(Hansel @ Jan 4 2017, 08:34 AM)
China is clamping down : must fill-in forms before buying foreign currencies, and has been stated by the Govt that foreign exchange CANNOT be used to buy homes abroad and to buy shares abroad.

Will our Govt do this ?? Soon ?? Or anytime in future ??
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Who is going to buy d 100k units of condo in Iskandar, if not d Chinese?
MGM
post Nov 21 2017, 05:39 PM

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Less than 4 month AUD VS MYR from 3.42 to 3.13, wow. Time for an Aussie holidays.

This post has been edited by MGM: Nov 21 2017, 05:41 PM
MGM
post Dec 31 2019, 07:40 AM

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https://www.thestar.com.my/tech/tech-news/2...g-as-we-know-it
Too deep to understand but how will this affects currencies like USD n MYR, crypto-currencies?

This post has been edited by MGM: Dec 31 2019, 11:36 AM
MGM
post Jan 22 2023, 11:24 AM

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Isnt SGD stronger n steadier than USD?
MGM
post Jan 22 2023, 12:33 PM

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QUOTE(Cubalagi @ Jan 22 2023, 12:11 PM)
Stronger no, steadier yes.

Steadier because MAS will intervene in SGD based a valuation of a basket of currencies. This basket is secret but should consist of the currency of SG major trading partners USD, RMB, MYR etc.
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MGM
post Jan 22 2023, 03:56 PM

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QUOTE(Cubalagi @ Jan 22 2023, 01:25 PM)
First 10 years, take a look at Chinese Yuan.
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This post has been edited by MGM: Jan 22 2023, 03:57 PM

 

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