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Exchange Rates for RM

That's the highest I've seen so far. Was it at Superlink or another money changer? Can share the location? Thanks.

You can do a search in maps.google.com. Here is the address:

Super Link Money Changers Sdn. Bhd.
62, Jalan Indah 1, Taman Bukit Indah, Johor Bahru, 81200, Johor Bahru, Johor, 81200, Malaysia
+60 7-238 7288
 
You can do a search in maps.google.com. Here is the address:

Super Link Money Changers Sdn. Bhd.
62, Jalan Indah 1, Taman Bukit Indah, Johor Bahru, 81200, Johor Bahru, Johor, 81200, Malaysia
+60 7-238 7288
Thanks bro. I know Superlink; I'm a regular there... I was asking abugumgum about where did he get 2.485.
 
wow wow wow

Acrade : 249.50
JB : 2.502

Good rate.

Hi everyone,

Just to share something which I've realised today.
For TT to Malaysia, you'll get better rate if you TT to Malaysia's local bank (eg Maybank, Public Bank) than if you TT to a foreign bank in Malaysia(eg UOB My, St. Chart My, HSBC My)

Eg. Today's rate at Parkway;
TT to UOB Malaysia - 2.496
TT to Maybank Malaysia - 2.501
 
Rates at Bedok Central

Next to Eu Yan Sang - 2.5006 (min $500)
Near hawker centre newspaper stall (opp maxi pawnshop) - 2.5005 (min $300)
Between Goldsmith shop & KFC - 2.5000 (min $300)
 
S'pore dollar surges against M'sian ringgit


SINGAPORE, July 11 (Reuters) - The Singapore dollar hit a

14-year high against the ringgit on Wednesday as offshore funds

continued to seek relatively safer assets and on views that

Malaysia may allow a weaker currency to spur growth amid global

economic slowdown.

The city-state's currency rose 0.7 percent

against the neighboring unit to 2.5170, the highest since July

1998, as real money accounts and hedge funds bought it.

That came even though yields on Malaysian government bonds

stayed much higher than Singapore bonds. Spread between 10-year

Malaysian bonds and 10-year Singapore bonds

has widened 15 basis points (BPS) so far this month.

"Investors really like Singapore assets due to safety, the

stable Singapore dollar and low rates," said BNP Paribas

currency strategist Thio Chin Loo in Singapore.

She said the Singapore dollar may head to 2.55 per the

ringgit.

Singapore is the only country in emerging Asia with a credit

rating of AAA and its currency has been the second

best-performing regional unit after the Philippine peso with a

2.5 percent gain versus the US dollar.

Saktiandi Supaat, head of FX research at Maybank in

Singapore, said the Singapore dollar is expected to remain firm

against the ringgit this year.


"The ringgit may see more volatility and its weakness may be

more pronounced compared to the past, while the Singapore dollar

is locked in a band. Inflation differentials may potentially

lead to some speed of change in policy responses too," Supaat

said.

He expects the Singapore dollar to stay around 2.51 versus

the ringgit by the end of the year, although it may head to 2.55

before that.

Singapore's annual consumer inflation in May stood at 5.0

percent, almost triple of Malaysia's 1.7 percent.

That may allow Malaysian policymakers to endure a weaker

ringgit to boost exports, dealers and analysts said.

But Maybank's Supaat said it may be difficult for the

Singapore dollar to extend gains versus the ringgit from the

current level much further in the longer term, adding the

city-state's currency on Wednesday was boosted by a higher

Australian dollar.

"Inherently there is the risk of capital inflows into

Singapore bonds and property markets etc. for safe haven reasons

and also for expected appreciation. This may feed into asset

price inflation. At worst, these are hot money inflows, there is

always a risk of sudden outflows," said Supaat.

He said the Singapore dollar will retreat back to 2.40

versus the ringgit by the end of 2013.

Singapore state investment firm Temasek Holdings is in talks

to buy a stake in a 4 billion Malaysian ringgit ($1.26 billion)

project in Malaysia's southern state of Johor, the Business

Times reported earlier. That may boost demand for ringgit.

Meanwhile, most emerging Asian currencies were mixed amid

worries about the impact of a global slowdown on corporate

earnings, while investors were not convinced the euro zone can

bring down the borrowing costs of its debt-ridden members.

Investors are keeping an eye on the result of a German court

hearing on the euro zone bailout fund.
 
S'pore dollar surges against M'sian ringgit
"........ He expects the Singapore dollar to stay around 2.51 versus

the ringgit by the end of the year, although it may head to 2.55

before that. ........ He said the Singapore dollar will retreat back to 2.40

versus the ringgit by the end of 2013.

Singapore state investment firm Temasek Holdings is in talks

to buy a stake in a 4 billion Malaysian ringgit ($1.26 billion)

project in Malaysia's southern state of Johor, the Business

Times reported earlier. That may boost demand for ringgit.........."

Thanks for this piece of news
 
Sembawang Shopping Centre

List: SGD$100 - 249.00
Ask: SGD$10 -249.20

Sunplaza
List: SGD$100 - 248.80

Price updated as of 13 July 2012
 
Jerry

today rate not gd , dun change , wed i changed at SSC still have 249.50 ....
Yesterday when i was at Tanjong pagar in the evening , i checked the rate was 249.80 so i went to buy things and withdraw money , the rates drop till 249.50 within 1 hr time.....
 
Change liaoz... never mind la... I small fry.. change small... no diff.. haha.. wait till it reaches 251 den i change more.. hahah
 
Not only is strong against M$. Its also strong against the rupiahs.

7600 to a S$.

OK. Stick to M$ discu$$ion.
 
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