Exchange Rates for RM

[shctaw]

Shiok for all whom took up loan. Paying back with cheaper ringgit. Fantastic deal.

Thinking of TT also......

Ringgit hitting a new low. May be opportune to convert some. Just TT over via CIMB (via relationship manager, not online) at the rate of 2.6005.

 

[bakkuttay]

At change alley best is rm2.57 now

 

[AHGS14]

At change alley best is rm2.57 now

I usually do my own monitoring of the rate using XE apps. CIMB guy says their offer rate to me is usually .01 away. When I called to do the TT this morning, XE showed 2.61.., so I managed to lock in the rate of 2.6005. XE is now showing 2.6255, I should have waited :-(.

 

[gooddebt]

At change alley best is rm2.57 now

poor rate leh

 

[nitecrawllerr]

At change alley best is rm2.57 now

Raffles 2.58 TT

 

[Valdez]

Raffles 2.58 TT

Got at 2.618

 

[eric3417]

I usually do my own monitoring of the rate using XE apps. CIMB guy says their offer rate to me is usually .01 away. When I called to do the TT this morning, XE showed 2.61.., so I managed to lock in the rate of 2.6005. XE is now showing 2.6255, I should have waited :-(.

Hi,

Ur Cimb banker TT requires a minimum amount of ? to be able offer u this exceptional TT rate of XE - 0.01?
CIMB TT still need incur some facility charges can run up to $100. Small amount Banker TT in thousands not worth.
Banker must have a min amount to begin with? Otherwise normal cimb tt. But rate sucks. :(

 

[eric3417]

Just checked. CIMB internal TT rate now at 2.5861.
Not bad. Can do some small amy $ TT this week.

 

[AHGS14]

Hi,

Ur Cimb banker TT requires a minimum amount of ? to be able offer u this exceptional TT rate of XE - 0.01?
CIMB TT still need incur some facility charges can run up to $100. Small amount Banker TT in thousands not worth.
Banker must have a min amount to begin with? Otherwise normal cimb tt. But rate sucks. :(

I have never asked them about the minimum sum. You are right and I have found a few times that the online TT rates were no good, so I usually go through my relationship manager. For me, I usually transfer about SGD50K-100K. When I remit from SG-CIMB to MY-CIMB accounts, there is no additional charge, e.g. SGD50K will translate to MYR130K if the rate is SGD1=MYR2.60.

 

[eric3417]

I have never asked them about the minimum sum. You are right and I have found a few times that the online TT rates were no good, so I usually go through my relationship manager. For me, I usually transfer about SGD50K-100K. When I remit from SG-CIMB to MY-CIMB accounts, there is no additional charge, e.g. SGD50K will translate to MYR130K if the rate is SGD1=MYR2.60.

Did 2 transfer with better rates by my RM before but rate not as good at XE - 0.01.
And there's charges for admin or something which appears on my cimb ac after a few days.
Think i need work harder on my RM in future for a better deal.

Cheers!

 

[AHGS14]

Did 2 transfer with better rates by my RM before but rate not as good at XE - 0.01.
And there's charges for admin or something which appears on my cimb ac after a few days.
Think i need work harder on my RM in future for a better deal.

Cheers!

Yes. Think you need to tekan your RM kuat kuat, especially IF she's the fairer sex :p. Started my transfers in May last year, although not frequently. Tired of asking my RM what's the current rate, I asked if I can use XE rate as a reference so I kachau him less; that's when he said -0.01 as a reference, although not committal.

 

[tesoon168]

Yes. Think you need to tekan your RM kuat kuat, especially IF she's the fairer sex :p. Started my transfers in May last year, although not frequently. Tired of asking my RM what's the current rate, I asked if I can use XE rate as a reference so I kachau him less; that's when he said -0.01 as a reference, although not committal.

Can share your RM?

 

[Manhattan]

http://www.thestar.com.my/News/Nation/2014/12/01/Ringgit-to-see-largest-two-day-loss/

Biggest fall since 1997. Not sure if I should be happy or sad.

 

[AHGS14]

http://www.thestar.com.my/News/Nation/2014/12/01/Ringgit-to-see-largest-two-day-loss/

Biggest fall since 1997. Not sure if I should be happy or sad.

I have been monitoring for months wanting to remit when Ringgit hits 2.60, but in vain. When I managed to change at slightly better than 2.60 early in the morning, I was happy but only for a couple of hours. The Ringgit slid further; had I waited a little longer, I would have gotten a few more Ringgits in my account :(

 

[FHBH12]

If u can catch e peaks n troughs so precisely, u can be a successful forex trader. Looks like RM could weaken further given e potential widening budget deficit caused by low oil prices.

 

[AHGS14]

If u can catch e peaks n troughs so precisely, u can be a successful forex trader. Looks like RM could weaken further given e potential widening budget deficit caused by low oil prices.

If I were a forex trader, I may lose my pants as I will be VERY bullish since I am betting with other people's money

 

[Manhattan]

I fear for the fate of the RTS and HSR.

 

[DCputeri]

A barrel of oil is going under Us$65. Can wait.

If I were a forex trader, I may lose my pants as I will be VERY bullish since I am betting with other people's money

 

[FHBH12]

If I were a forex trader, I may lose my pants as I will be VERY bullish since I am betting with other people's money

2.63 now

 

[potter]

2.63 now

the return of the Petrol Warriors and Grocery Troopers..