Mar 10 2017, 02:44 PM
QUOTE(Ramjade @ Mar 9 2017, 11:31 AM)
I am quoting money changer's rate of them selling SGD. It's been flat this since last week at 3.155-3.16 so not interesting yet. Hopefully it drop to 3.145. Then I change some more.
You are saying it will go up?
For USD ya la as it's "pegged" so even if it goes higher, we are actually getting more USD.
You are saying it will go up?
For USD ya la as it's "pegged" so even if it goes higher, we are actually getting more USD.
QUOTE(AVFAN @ Mar 9 2017, 06:08 PM)
My approach is simple.
No need to overthink, over calculate, over anticipate.... the info is never all there in the first place.
IF want to buy, just buy in the quantities u need.
If no need, or no use for the fx, dun buy.
I have bought.
Now, i wait for month end, see what happens then.
If favorable, i will cash out the amount i planned.
Need some RM to help out the flagging economy here.
Today money changer sell SGD at 3.145 , just bought some since need it.No need to overthink, over calculate, over anticipate.... the info is never all there in the first place.
IF want to buy, just buy in the quantities u need.
If no need, or no use for the fx, dun buy.
I have bought.
Now, i wait for month end, see what happens then.
If favorable, i will cash out the amount i planned.
Need some RM to help out the flagging economy here.
Not sure next week/month will go up or go down to 3.07-3.12 speculation.
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