no wonder, i got my flexi alliance bank..
i have yet open an account with my mum. haha..
i can open account at any alliance bank branch and then do payment at different branch right?
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Exchange Rates for RM
- Thread starter crystal_tiong
- Start date
no wonder, i got my flexi alliance bank..
i have yet open an account with my mum. haha..
i can open account at any alliance bank branch and then do payment at different branch right?
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- Feb 11, 2012
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Hi LGLab, do you have to go to the money changer everyday to remit RM10k each time?
Why not give them the 20k and ask them to remit 10k everyday on your behalf? Save time and effort.
Why not give them the 20k and ask them to remit 10k everyday on your behalf? Save time and effort.
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I never open acct with Uob. Can just deposit cash or cheque or remit to e loan acct .
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Today rate is 241.50 for both places.
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If change in thousands, can get this rate.
Hi,
I called Raffles at Jurong point yesterday and was told that it is better rate when u do TT than receive cash with no charge above a certain amount.
I called Raffles at Jurong point yesterday and was told that it is better rate when u do TT than receive cash with no charge above a certain amount.
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usually remiitance is slightly few cents more than cash ....if remit more than RM10k , no admin fees , if less than that have to pay $10 per transaction
but when u change in cash in thousands like $5k above , u can get gd rates too.
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yeah it has been 242 something for very long time..
before CNY i hope for it to be 244~245, it never reach that again..
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Today raffles hv 240.5 whereas other place 239.50 only
rate is very bad now.. xe.com reflects is lowering to 239...
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- Feb 16, 2012
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From the 10-year chart, there seems to be a kind of "double-top" around the 2.50 level with a major long-term support (and also resistance-turned-support) at around 2.30: http://www.xe.com/currencycharts/?from=SGD&to=MYR&view=10Y
So there's a chance for SGD/MYR to test this 2.30 support level within the next two years, I think...
If that 2.30 support-level is broken, there's a chance that this multi-decade bull market in SGD/MYR might have come to an end...
In order for the SGD/MYR bull market to remain intact, not only must that 2.30 support-level not be broken, the 2.50 resistance-level also needs to be broken and the price must stay ABOVE 2.50 for quite some time before heading towards 3.00.
Otherwise, if SGD/MYR goes below 2.30, the big psychological support would be the obvious 2.00...
And if more and more Singaporeans keep quitting Singapore within this decade, obviously they would need to keep SELLING SGD to buy other currencies, including MYR, which would cause the SGD/MYR exchange rate to go down even more...
Which is why the PAP government wants to maintain the attractiveness of Singapore for foreigners, in order to maintain the strength of the SGD, so that our purchasing power to buy foreign imports remains high, since such imports would be relatively cheaper for us to buy than for other countries to buy.
Personally, I think the SGD/MYR rate should remain range-bound between 2.30 and 2.50 for the remainder of this year...
So... good luck! haha
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Jia lat Liao .... :( :(
Ringgit set to trade within 3.01 to 3.02
Published: 2012/02/25
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The ringgit is likely to trade at the current level of 3.01 to 3.02 against the US dollar next week with external factors continuing to influence the movement of the local unit, dealers said.
Affin Investment Bank head of retail research, Dr Nazri Khan said, investors will keep a watchful eye on the performance of other major currencies such as yen, euro and pound.
"We see positive winding down of risk aversion with the Japanese Yen hit by broad weakness falling 0.5 per cent week-on-week while risk-on currencies such as euro and pound gain 1.5 and 0.2 per cent respectively," he said.
He, however, added investors would remain cautious over the progress and development in eurozone.
On a Friday-to-Friday basis, the ringgit traded higher against the US dollar at 3.0100/0150 from 3.0420/0450 and improved against the Singapore dollar to 2.3988/4035 from 2.4114/4144.
It also went up against the Japanese yen to 3.7350/7426 from 3.8477/8539 and strengthened against the British pound at 4.7480/7577 from 4.8061/8117 last week.
However, the local unit weakened against the euro to 4.0313/0395 from 3.9920/9972 last Friday. -- Bernama
Read more: Ringgit set to trade within 3.01 to 3.02
http://www.btimes.com.my/Current_Ne...120225113044/Article/index_html#ixzz1nMSN48ll
Ringgit set to trade within 3.01 to 3.02
Published: 2012/02/25
Share
The ringgit is likely to trade at the current level of 3.01 to 3.02 against the US dollar next week with external factors continuing to influence the movement of the local unit, dealers said.
Affin Investment Bank head of retail research, Dr Nazri Khan said, investors will keep a watchful eye on the performance of other major currencies such as yen, euro and pound.
"We see positive winding down of risk aversion with the Japanese Yen hit by broad weakness falling 0.5 per cent week-on-week while risk-on currencies such as euro and pound gain 1.5 and 0.2 per cent respectively," he said.
He, however, added investors would remain cautious over the progress and development in eurozone.
On a Friday-to-Friday basis, the ringgit traded higher against the US dollar at 3.0100/0150 from 3.0420/0450 and improved against the Singapore dollar to 2.3988/4035 from 2.4114/4144.
It also went up against the Japanese yen to 3.7350/7426 from 3.8477/8539 and strengthened against the British pound at 4.7480/7577 from 4.8061/8117 last week.
However, the local unit weakened against the euro to 4.0313/0395 from 3.9920/9972 last Friday. -- Bernama
Read more: Ringgit set to trade within 3.01 to 3.02
http://www.btimes.com.my/Current_Ne...120225113044/Article/index_html#ixzz1nMSN48ll
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Just changed some money. It's 239 only. My heart is crying ...
Yeah, our road ahead doesn't look good with this historical low for the past one year..:(
http://www.exchange-rates.org/history/MYR/SGD/G/180
http://www.exchange-rates.org/history/MYR/SGD/T
http://www.exchange-rates.org/history/MYR/SGD/G/180
http://www.exchange-rates.org/history/MYR/SGD/T
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Today rate as follows :
Raffles : 2.398
Acrade : 2.398
Hope tomorrow will be at least 2.41 so that i can change money liao.
Raffles : 2.398
Acrade : 2.398
Hope tomorrow will be at least 2.41 so that i can change money liao.
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In one day, not throwing cold water, but a bit impossible leh ... I cried after changing at 2.39 :(
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