[Official Thread] Ringgit Exchange Rate

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yvette_qi

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Anyone knows what’s the new toll charges for both Johor Bahru and Woodlands?

Only know woodlands will be $1 in and foc our from 1st feb
 
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Papermate

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The MYR and SGD exchange rate seems to be weakening for the Singdollar? I wonder why? Is it due to MAS intervention? I would rule out external factors like the Malaysian economy getting better or public sentiments are improving (such as they got a better government now so things are looking up). So the other factor could be the Singapore economy has got worse. If it is neither of these two, then it's got to be MAS intervention.
 
BigMonkey

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Papermate said:
The MYR and SGD exchange rate seems to be weakening for the Singdollar? I wonder why? Is it due to MAS intervention? I would rule out external factors like the Malaysian economy getting better or public sentiments are improving (such as they got a better government now so things are looking up). So the other factor could be the Singapore economy has got worse. If it is neither of these two, then it's got to be MAS intervention.
Click to expand...

election coming
 
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kitkat2

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Papermate said:
The MYR and SGD exchange rate seems to be weakening for the Singdollar? I wonder why? Is it due to MAS intervention? I would rule out external factors like the Malaysian economy getting better or public sentiments are improving (such as they got a better government now so things are looking up). So the other factor could be the Singapore economy has got worse. If it is neither of these two, then it's got to be MAS intervention.
Click to expand...

got a better government now? isn't it the same government all along?

one reason could be that oil price reaches usd69. forex traders seem to peg the value of myr to the price of oil, which is nonsensical to me.

maybe mas doesn't want you to shop in jb too much too often :)
 
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