Exchange Rates for RM

[enjoylife77]

Good thing I changed RM$ at the weakest enough to last me for the next 3 months.

 

[Daydreamer]

Seems like 2.70 is only short-lived.

Really? It's 2.725 in XE at the moment. MAS Holiday spirit?

 

[myrsing]

Really? It's 2.725 in XE at the moment. MAS Holiday spirit?

I am actually referring to MC rates.

For privilege banking clients, they can get above 2.70 easily.

 

[Daydreamer]

I am actually referring to MC rates.

For privilege banking clients, they can get above 2.70 easily.

They run out of cheap stock that's why. Now it's restock time at 2.73

 

[whoami]

Bedok MC 2.705

 

[bakkuttay]

Just got 2.7062 at bedok central

 

[LOL2015]

Arcade money changer now 2.71

 

[cow138]

Looks like it is 2.7 As the standard already.

 

[RedsYNWA]

Yup, just changed at 2.705 at Woodlands Centre (money changer nearest to the carpark exit)

 

[homeinjb]

Now at Arcade 2.713

 

[Tekkun]

Looks like it is at 2.71 to 2.72 for whole week.

 

[nusajaya2020]

2.712 at Bedok central

 

[Manhattan]

The weakening of the ringgit is so fast it has become worrying, is there something we don't know ? It has weaken by 7% against sgd just over 6 months, 18% over 3 years. Some experts say it could be due to exodus of foreign funds.

 

[Daydreamer]

The weakening of the ringgit is so fast it has become worrying, is there something we don't know ? It has weaken by 7% against sgd just over 6 months, 18% over 3 years. Some experts say it could be due to exodus of foreign funds.

You are almost hit the nail on the head. The government is broke that's all. And incompetent weak leadership. The crude oil back up a bit you don't see the RM going the same way.

Sorry for being negative but the outlook ain't looking good at the moment. We also decided to scale down labour (maybe even closing the whole office) in Malaysia and relocate some positions to Singapore. A bit of good news for Singaporean.

 

[Daydreamer]

Fresh in.

 

[Tekkun]

The weakening of the ringgit is so fast it has become worrying, is there something we don't know ? It has weaken by 7% against sgd just over 6 months, 18% over 3 years. Some experts say it could be due to exodus of foreign funds.

RM1 billion flowed out last week. They dumped KLSE and exited. Si buay charm.

 

[wolverine23]

How low can it get? Support at 2.8???

 

[Movingaway]

Jurongpoint raffles link
remit at 2.717
Exchange at 2.707

 

[DCputeri]

It is heading towards 2.75 from MC soon.

Jurongpoint raffles link
remit at 2.717
Exchange at 2.707

 

[Movingaway]

It is heading towards 2.75 from MC soon.

In a week's time