[Official Thread] Ringgit Exchange Rate

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Today Arcade machiam market ...so crowded and many money changers run out of ringgit..rate now is at 3.00...still can increase i think..
 

dleodleo

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quite a few places at arcade at 3.00 however mostly out of stock (as of lunch time)

Wow! Finally Rm3!

Some of us regretted that we didn't change and keep when it hit RM2.80 now is opposite. We are relieved that we didn't change then.:s13::s13:
 

poppers

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Rm situation is beyond the govt control.

1) China is msia main trading partner slows down drastically.
2) yuan devaluation
3) looming us fed rates hike
4) political **** stirring involving billions & former political strongman
5) crude oil prices around usd40/barrel.

All signs indicative that rm3.05 is already very high cos there is more room to fall. If i can, i short sell, confirm earn. But cant trade myr.....sian.
 

koolaid

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Wow! Finally Rm3!

Some of us regretted that we didn't change and keep when it hit RM2.80 now is opposite. We are relieved that we didn't change then.:s13::s13:

wow good for you. looks like u have a crystal ball at home. so when is a good time to change myr?
 

koolaid

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the rate given was on the spot base on Oanda or Xe. haha stil better than MC

o ok... I think its very difficult for mc to sell at spot. most banks I know usually quote 50 to 100 pips away for anything above 50k.
 

AS1

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The way it looks, the people who change as and when they need to are likely the people making the most of the situation.
 

luei74

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Arcade most of the shop NO STOCK!! Never put up the sell rate....

Buy rate 1/33.10
 
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