Good movements against the USD today, despite the reduced foreign reserves ann't.. Probably analysts expected the drop will be more, but instead, the drop was only 1.9Bil USD ONLY,...

So,... MYR strengthened,.. I recalled this afternoon, it weakened a bit back to 4.43,...then turned around again.

Added : https://au.finance.yahoo.com/q/bc?s=MYR%3DX&t=1d

Agreed. My purchase history of USD, using TT:

Aug 2015: 3.96
Jan 2016: 4.45
Aug 2016: 4.04

I hope Jan 2017 it stable at current level or best still, go to 4.0x. 

In April 2016, it even dipped lower than that !

http://www.xe.com/currencycharts/?from=USD&to=MYR&view=1Y

now that china is bailing out 1mdb, any chance of myr strengthening? what do you all think?

Cakap-cakap saja..I never believe what they say, whether true or not true (mostly not true)

Wonder if there is something at stake like if it never happen they lose their job kinda thing...will they even dare to say that 

So many trade experts has been wrong. If they were right they wouldn't be working as experts as they can just invest/short in whatever they say is right and be rich.

That's an unrealistically optimistic projection. His simplistic view of factors that could spur an appreciation that steep isn't helping either.

An average of the projections seems reasonable. Around 4.3-4.4 average for the year, assuming the local and international turmoils continue to simmer the way they are.

It's hardly surprising.

One side's overly optimistic while the other is overly pessimistic, just like local and foreign media. Chances are it's going to be middling. Not so bad, but not so good either.

for now, yes.

things may change quickly in 2017.

Looks like your guess as good as mine. Everybody can make one guess, there is simply no basis who can be more correct. If one can get always get it correct, he does not need to work anymore.

Abuthen.. This is what they are good at no?

They think the rakyat are morons.

Actual inflation would be near 10% if official is 3%...