[Official Thread] Ringgit Exchange Rate

[CKL_3K]

google say nw is 2.9
is going way up..

Anyone got the actual money changer rates? Thx

 

[loveholic]

salva @ paya lebar sq 2.89

 

[dleodleo]

Few shops on 2nd floor at arcade 2.897 today

 

[gerbers76]

1mdb

read the news, ringgit might fall due to 1MDB defult in bonds so those can wait can see if you can take the risk =]

 

[jumpmanz]

Missed the 3rm days. Lol.

Sent from my Samsung 4K HDTV in Batam using GAGT

 

[steven168z]

1MDB says some of its bonds are in default after missed interest payment
http://business.asiaone.com/news/1mdb-says-some-its-bonds-are-default-after-missed-interest-payment

State investors 1Malaysia Development Bhd (1MDB) said on Tuesday it has not made a US$50.3 million (S$67.67 million) interest payment on its bonds due 2022 following a stand-off with Abu Dhabi sovereign fund IPIC, but said it will meet all its other liabilities.

1MDB said the missed interest payment had caused a cross default on its 5 billion ringgit ($1.72 billion) sukuk due 2039 and the 2.4 billion ringgit sukuk due between 2021 and 2024.

The two state investors are locked in a dispute over the interest payment on a US$1.75 billion bond which was due earlier this month.

A partner of troubled Malaysian government investment fund 1Malaysia Development Bhd. said Monday it would pay US$50 million in overdue interest owed on a 1MDB bond, but only after the bond is declared in default.

The default could trigger further defaults on billions more in debt.

The partner, Abu Dhabi sovereign-wealth fund International Petroleum Investment Corp., is a guarantor of the US$1.75 billion bond privately issued by 1MDB in 2012, and will pay the interest under those obligations, IPIC said in a filing to the London Stock Exchange.

But IPIC said it would only do so if 1MDB itself defaulted on the payment. That could lead to cross defaults and demands for early repayment on at least 8.2 billion Malaysian ringgit in other 1MDB debt, as well as on a US$3 billion bond also privately issued by 1MDB in early 2013, according to a memo from 1MDB to Malaysian Prime Minister Najib Razak viewed by The Wall Street Journal.

Both sides are preparing to enter arbitration over the disagreement, according to a person familiar with the matter.

 

[koolaid]

looks like myr is trying to test 2.967 this week. if it breaks this level, we should be able to see it touch 3 soon.

 

[CKL_3K]

looks like myr is trying to test 2.967 this week. if it breaks this level, we should be able to see it touch 3 soon.

Source of this information? Thx

 

[jinmuddy]

2.85 at woodlands checkpoint. Shld be around 2.87-2.88 if u ask.

 

[CKL_3K]

2.89 at Arcade ard 4.30pm

 

[Amigogo]

2.87 at Jem money changer...

 

[danial1992]

287.5 clmti

 

[Stratix]

saw this interesting site that has a bunch of rates from some popular money changers: http://cashchanger.co/sgd-to-myr?curr=myr

seems to do crowd sourced data as well

 

[trd2970]

288 at east side

Sent from LGE LG-H959 using GAGT

 

[WANGLAI]

288 at east side

Sent from LGE LG-H959 using GAGT

east side mean which area?

 

[steven168z]

Malaysia's troubled 1MDB fund ordered to repatriate money

http://business.asiaone.com/news/malaysias-troubled-1mdb-fund-ordered-repatriate-money


Gone liao still can come back meh?

 

[blueworm]

Parkway 2.8709

 

[dede1217]

2.87 arcade

 

[kukubirdie]

2.87 arcade

Damn.... was expecting 290 today....

 

[AS1]

Heng that KSL was reported not to be a bomb plot, otherwise ringgit will drop like nobody business.