Exchange Rates for RM

[Chocolate]

Aiyo, even when rate is good supply may be a problem. :*:

 

[jc731]

Why is TT rate still at 2.436 region? I thought screen shows 2.46 already?

Anyway, I remitted 10k today....

I think is the agent money stock pile issue.

When rate drops drastically, we still able to enjoy a slightly favourable rate.

And when rate rises exponentially, they are left behind with old stock pile and unable to offer us market rate.

Hence, I think we have to wait till the exchange rate consolidates before moving in.

 

[shctaw]

Don't quote me.
Look like we are heading to 2.55 in a flash.

 

[FHBH12]

Don't quote me.
Look like we are heading to 2.55 in a flash.

I should be remitting $10k RM in 2 weeks' time. Hope your reading is right.

 

[matix]

will be happy if it hits 2.50 again. 2.55 sounds like a dream. But.... We never know....

 

[jasonjst]

Don't quote me.
Look like we are heading to 2.55 in a flash.

Any fundament issue with Malaysia economy that render the move to 2.55 ? I think current weakness should be another good opportunity to buy some , should stable around 2.45 range to 2.4 in the longer term .

 

[DCputeri]

SGD has strengthened against RM. Raffles MC: 2.447 (Cash) and 2.46 (TT).

 

[wolverine23]

Shall we remit now???

SGD has strengthened against RM. Raffles MC: 2.447 (Cash) and 2.46 (TT).

 

[DCputeri]

SGD has finally achieve 2.45 (cash) and 2.46 (TT) at raffles money changer.

 

[ComingToJB]

No more RM & need to change some to spend... Today 7pm at Toa Payoh central 2.445 (cash)

 

[DCputeri]

Tomorrow should be higher.

No more RM & need to change some to spend... Today 7pm at Toa Payoh central 2.445 (cash)

 

[ComingToJB]

Tomorrow should be higher.

Not sure but afraid sometimes Friday rate not very good.. I need to go in this weekend

 

[gcBoa]

Up up up. I want to see 2.50+ again.

 

[ComingToJB]

Don't quote me.
Look like we are heading to 2.55 in a flash.

Seems possible this time.. it just climb without braking now
But let see can cross 2.50 first or not

 

[FHBH12]

Seems possible this time.. it just climb without braking now
But let see can cross 2.50 first or not

If I rem correctly there is an upper band of $2.5x. Higher than tt SGD will be too strong n MAS will step in.

 

[shctaw]

It tested 2.50-2.515 level from July 2012 - Mar 2013.
Even if it hit 2.55 or higher it will show up as a blip on the chart point. Unlike JPY that swing 15% up and down within weeks.

10 yr low is 2.2150.

I am not saying SGD is fundamentally strong to go up; but apparently MAS is keep SGD strong to get 2 thing in Malaysia.

Labour & commodity.

Best play.
Long SGD
Long USD
Short AUD
Short JPY

 

[Newbie11]

Some dont have atock in Arcade.. Rest selling 2.45

 

[DCputeri]

Will wait for next week. SGD may strengthen against the USD this weekend.

Some dont have atock in Arcade.. Rest selling 2.45

 

[FHBH12]

Some dont have atock in Arcade.. Rest selling 2.45

Arcade was supercrowded during lunch time. The queues were at least 15 min. I only went there to take a look and din TT any money since I couldn't find any remittance company there.

 

[aliensmotor]

Up Up...