Technically error..
Just chill..
Cannot buy with that rate ππ
USD/MYR and SGD/MYR
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 Sep 7 2022, 11:28 PM
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#1
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All Stars
48,509 posts Joined: Sep 2014 From: REality 
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Quote|
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Sep 23 2022, 05:29 PM
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#2
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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Looking at the situation...
We might be looking forward 4.80 soon π€π§ |
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Sep 23 2022, 08:19 PM
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#3
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(dwRK @ Sep 23 2022, 07:17 PM) why stop at 4.8?... might as well hit 5... Slow & steady first...  The day would come hitting 5.00 level... The question is when? Year end, 2023 or 2024 π |
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Sep 23 2022, 08:57 PM
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#4
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(dwRK @ Sep 23 2022, 08:47 PM) Yeah... just wondering if/when BNM gonna intervene... Same here...But some smart leaders says weak MYR is good for exports π |
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Sep 28 2022, 08:04 PM
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#5
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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Straight 75pts hike could help....
But looking at how they been... Probably just another 25pts hike π |
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Sep 28 2022, 08:18 PM
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#6
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(umboy @ Sep 28 2022, 08:16 PM) If only 25 pts Only speculation as for now...I USD to 5 MYR is very likely, almost certain Hope it's bigger hike.... USD is stronger against all major currency.... So not surprised if hit 5.00 level π |
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May 24 2023, 11:49 PM
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#7
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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Old days US have very low FD or interest rates... But now everything changes..... All funds going back to US market/shores πͺ Hansel liked this post
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May 24 2023, 11:55 PM
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#8
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(icemanfx @ May 24 2023, 11:53 PM) Money goes where there is higher yield/gain. why bother with rm, when usd give higher interest and appreciation. One reason previously because of low interest rate environment there.....But now all changes... So all back to the shores... Thus hurting MYR in the process too.... |
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May 25 2023, 12:32 AM
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#9
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(icemanfx @ May 25 2023, 12:01 AM) US fed policy doesn't take 3rd world currency or economy into account. if bnm and mys gomen failed to adapt to us feb policy, will have to face the consequences. True..It's others countries that follows US policies.... Need to adjust accordingly |
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May 26 2023, 08:34 PM
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#10
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(koaydarren @ May 26 2023, 07:49 PM) The reason is simple. A good buisness takes years to generate values. Certain groups look for tongkat and handouts and the government is forced to go for short term policy. Raising interest rate is not a long term solution. Companies are paying peanuts in Malaysia and no good people want to work in Malaysia. There goes the vicious cycle. Unless we go for a merit based policy, this country won't improve. Currency rate will just drop further. Don't forget....The good businesses somehow later stage would be forced take over in the name of country benefits π Already have previous cases happens before.... Just saying π koaydarren liked this post
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Oct 24 2023, 10:19 AM
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#11
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(Ckmwpy0370 @ Oct 24 2023, 08:55 AM) 1 SGD = 3.5 RM Next stopover 4.00 π₯ |
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Oct 24 2023, 03:29 PM
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#12
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(xander2k8 @ Oct 24 2023, 01:14 PM) Not so soon π€¦ββοΈ maybe by 2025 earliest but 3.7 range will be likely next year unless BNM only use their only tool in their toolbox π€¦ββοΈ by raising rates to 3.75% Slow & steadyFirst need to hit 3.60, then 3.80 finally stoping at 4... Before proceed higher (next few years time) π |
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Oct 24 2023, 06:19 PM
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#13
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(TOS @ Oct 24 2023, 04:34 PM) https://johor.sinchew.com.my/news/20231024/johor/5078981 Hmmm....lol anyone trying to use CIMB SG to convert SGD to MYR have to "queue". Could mean.... 1. Whatever $$$$ dump elsewhere.... One day come back to nest too π 2. Taking profit now... Because no confidence can go any stronger.. If not, why don't wait 3.6 or 4 π enjoy first. Worries later π₯³ |
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Oct 31 2023, 02:21 PM
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#14
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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Well...
PMX already gave out "orders" not to Hike OPR rate  » Click to show Spoiler - click again to hide... « |
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Nov 8 2023, 08:42 PM
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#15
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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Year end is coming
It's normal for MYR to get weaker... Outflows of $$$$ But added to our country weakness... And the thingy with the war... Double trouble π This post has been edited by nexona88: Nov 8 2023, 08:43 PM |
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Feb 14 2024, 02:19 PM
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#16
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(nauticat99 @ Feb 5 2024, 12:49 PM) Itβs it a good time to sell USD? Better keep longer if you don't need it urgently πUSD would be even stronger moving forward vs MYR π₯ |
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Feb 22 2024, 09:46 AM
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#17
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(ericlaiys @ Feb 22 2024, 09:42 AM) All these so called economic analyst cannot trust one.... |
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Feb 22 2024, 11:15 AM
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#18
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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Another one...
This time Singapore based https://www.freemalaysiatoday.com/category/...it-by-end-2024/ |
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Feb 22 2024, 12:59 PM
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#19
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(batman1172 @ Feb 22 2024, 12:30 PM) Ya better convert sgd now before ringgit appreciate. Problem is epf only can put 100k yearly π Not little late???Should done earlier... When like the range 3.2? |
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Feb 27 2024, 08:03 PM
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#20
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All Stars
48,509 posts Joined: Sep 2014 From: REality
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QUOTE(Ramjade @ Feb 27 2024, 06:34 PM) cherroy, fruitie why is my reply being deleted? Probably off topic or heavy politics related reply / posting...Finance section cannot post anything related to politics or certain leader gotten "reduced" card π At least you still alive & posting... Unlike some unlucky one, like yours truly... Gotten free "holidays" for few days.... This post has been edited by nexona88: Feb 27 2024, 08:05 PM ASoulNamedLeo and Ramjade liked this post
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