QUOTE(BenChiew @ Feb 20 2024, 05:44 PM)
Ringgit rabak today.
Nothing to worry. We’re still strong. https://www.thestar.com.my/business/busines...ositive-outlook
USD/MYR and SGD/MYR
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 Feb 20 2024, 08:36 PM
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#1
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https://www.thestar.com.my/business/busines...ositive-outlook |
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Feb 22 2024, 12:30 PM
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#2
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QUOTE(nexona88 @ Feb 22 2024, 11:15 AM) Another one... Ya better convert sgd now before ringgit appreciate. Problem is epf only can put 100k yearly 😕This time Singapore based https://www.freemalaysiatoday.com/category/...it-by-end-2024/ nexona88 liked this post
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Feb 29 2024, 05:40 PM
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#3
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QUOTE(Cubalagi @ Feb 29 2024, 09:39 AM) Ive been doing the reverse, converting some excess USD to MYR. Yesterday sold at 4.761. Haha me too doing this. Been converting all my dividends from sgd to myr. Spend here cheap nice and good while it last. Minister said undervalued. Supork BNM n Madanon 😆 Hope not regret 😅 https://themalaysianreserve.com/2024/02/29/...nance-minister/ Not sure can trust or not. It’s a politician after all. |
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Mar 1 2024, 06:20 PM
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#4
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QUOTE(nexona88 @ Mar 1 2024, 03:59 PM) Well... That’s what I keep telling young peeps. Work in develop country. Earn their dollars. Any professional with 20 to 25 years and invest with one eye close can hit 1m and that’s easy number. If your whole life in Malaysia... Then it's logic to convert into MYR & spend it like no tomorrow.... The foreign $$$ won't reduced one... Because weak MYR would make it's value increase instead 😁 Capital no need increase after retire. Just bring back the dividends and let the ringgit do its magic. CommodoreAmiga, theevilman1909, and 1 other liked this post
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Jun 11 2024, 05:42 PM
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#5
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1,362 posts Joined: Sep 2013
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Aug 2 2024, 01:34 PM
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#6
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1,362 posts Joined: Sep 2013
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QUOTE(Hexlord @ Aug 2 2024, 01:26 PM) 1 USD = RM 4.5175 Have confidence with government |
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Aug 26 2024, 12:39 PM
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#7
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1,362 posts Joined: Sep 2013
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QUOTE(Cubalagi @ Aug 26 2024, 11:49 AM) USD MYR at 4.34 Me double sad. Every month my passive income decrease as holding in both currency that suck. 😭SGD MYR at 3.34 Sad to see those nice FX gains much reduced esp.on SGD side. 😔 Anyway, me buying another batch of USD. Should have converted more to MYR past 4 years. |
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Aug 30 2024, 09:27 AM
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#8
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QUOTE(BboyDora @ Aug 29 2024, 04:08 PM) dunno about USD, but Im convert more MYR to SGD. I live on rental income in sgd and dividends in USD. Haiz. Now usd 4.3 sgd 3.3 if you think SGD suck, i think MYR even more...ahem...ahem... All epf fault. Only allow max 100k. |
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Aug 30 2024, 08:15 PM
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#9
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QUOTE(Hansel @ Aug 30 2024, 05:54 PM) No dividends in SGD ? Nope. Only rent. 😰 |
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Sep 21 2024, 11:14 AM
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#10
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QUOTE(Chrono-Trigger @ Sep 20 2024, 10:30 PM) It's not impossible for ringgit to hit RM3.80 if US continues to reduce interest rate and BNM maintains OPR at 3.0% for next 1-2 years. [CODE]PMX is someone that favours a tighter monetary policy and higher interest rate when he was finance minister in the 1990s. Malaysia can choose this path - lower growth, higher interest rate, stronger ringgit (like Thailand) OR higher growth, lower interest rate, weaker ringgit. Haiz. Hope ringgit don’t do strong. 1/3 of my asset in USD and 1/3 in SGD. If I know would have converted everything to MYR when it was 4.80. |
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Sep 23 2024, 08:01 AM
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#11
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QUOTE(nexona88 @ Sep 23 2024, 12:43 AM) Highly possible 😁 It’s good for people who earn MYR and want to buy USD but bad for people dependent on selling USD assets to live in Malaysia. Hopefully USD don’t continue depreciating down to 3.2. Haiz4.30 settled down to around 4.20 this week ... Next week expected around 4.10 to 4.15 range.... kiwifruit0 liked this post
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