These why I said high can go higher. Long term RM is on downtrend. So no need think so much. Once have money just convert.

USD 1 = RM 4.70

Just need 30sen to go...for full RM 5.00

Can we get there?

This post has been edited by danmooncake: Oct 14 2022, 11:39 AM

BNM said our fundamental still strong forever
Therefore, dun worry be happy !

never say never....


but my hope is 4.80 only..... number looks nicer and sounded more ong than 5.18

WTF!!!

SGD1=RM3.30

8888888 better than

🤤👀🍷🍿🤭

Bros,... be careful,... the moment the Feds hint at any pausing, the USD will just turn and dive down hard and fast ! Careful,....

And I think,... the SGD will weaken back too,... but I think it won't drop back too far vs the MYR...

It's a good time to chg some SGDs back to the MYR now at thie current rate, and since the Foreign-Sourced Income Tax thing has been pushed back to Jan 1st., 2027.

Edited, added : And yeah, a good time to chg some USDs back to the MYR too now. A good time to travel to The UK and Japan too today with their currencies near all-time lows.

This post has been edited by Hansel: Oct 14 2022, 12:59 PM

Hmm... you may be right. Probably time to buy some Ringgit and stock up.

When I look at the USD/MYR chart.. oh gee I've to pull back 25 years all the way when we had Asian Financial Crisis in 1997. That's USD1 = RM 4.88 is the all time high.

Now..it's just 18sen away. Will this line hold?

Something is about to blow off top again.

Yeah bro,... and especially since they have reversed their decision on the remitting back of FSI taxation for individuals. Come Jan 1st., 2027,... need to pay taxes already for whatever we exchange back to this place.

myr sitting in the middle pack... weak against usd, sgd and some... strong against eur, gbp, jpy and others...

i dunno which the major trading partners... so far DXY dips and fluctuations not really affecting usdmyr...

buy anyways... yeah some prudent approach warranted... will start buying myr and others soon...

my chart shows 7.5 sen away from all time high... I think will beat it...

If you have SGD, buy MYR.

If you have MYR, buy EUR, GBP and JPY.

The moment something (positive) happens in their jurisdictions,... the EUR, GBP and JPY will woosh up.

usd

Err,... what do you mean by the above short term, bro ?

Well,... guys,... this morning, the SGD has PULLED-BACK vs the MYR,... said earlier this pullback will happen,... then when BNM OPR Mtg takes place around Feds Mtg time in early November, IF BNM HIKES by 0.25% or more,...

SGD will pullback a bit further.

However, the pullback will be limited,... SGD WILL NOT DROP BACK TO LAST YEAR LEVELS vs the Ringgit. It will be higher highs and higher lows.

Congrats to all SGD-based investors worldwide,.. inside and outside of Malaysia, the British, Aussies, Europeans, etc,...

eh... you type...

"if you have SGD..."

"if you have MYR..."

so along these lines... I just reply usd lor... ok lah next time I type more... hahaha

Ahh,... ok,... understood.

If yuo have USD,... emm,....

First, I will chg into the currency that I need to use most at this moment. Like I'm going to Japan soon,... hence, I'll convert into the JPY.

Then subsequently, I will chg into the SGD because I believed when all this blows over, the SGD has the best chance to retain its value.

Finally,... I will apportion some into investing into US tech shares.

This post has been edited by Hansel: Oct 15 2022, 02:56 PM

1 USD = 4.7 MYR

Grats to USD savers and earners....

Sgd myr 3.32 liao laaa. Who keep converting la…