[Official Thread] Ringgit Exchange Rate

[dleodleo]

Arcade money changer's website still down?

ya still down.

I suspect they didn't want to provide online rates checking service liao.

Went to their website, everything is working except the rates.

Cos they told me they dun reveal rate on the phone when I call them last week to check the rate.

 

[dleodleo]

WTF today go arcade change RM...
before queue 2.995
my turn become 2.985
change 5k lost RM50...
Why like tat????

Aiyo! RM50 can buy many things. Wow! You changed 5K so much.

 

[trailblaze]

Aiyo! RM50 can buy many things. Wow! You changed 5K so much.

aiyoh arcade is SUPER DUPER UBER chao kuanz one...

I kenna once in arcade also- thai baht rate 25.4... abt 15 pax in the queue- ultra slow moving.
10min later a few ppl in front left the queue....so I am like WhyTF ???
open eyes and see again - baht now 25.0!!!!! jitao left the queue also...

fyi- I go see other changers same floor at 25.3...ahhhh so das nei.

lesson learnt.

 

[dleodleo]

aiyoh arcade is SUPER DUPER UBER chao kuanz one...

I kenna once in arcade also- thai baht rate 25.4... abt 15 pax in the queue- ultra slow moving.
10min later a few ppl in front left the queue....so I am like WhyTF ???
open eyes and see again - baht now 25.0!!!!! jitao left the queue also...

fyi- I go see other changers same floor at 25.3...ahhhh so das nei.

lesson learnt.

Aiyo! You never go and compare the rates in Arcade. I very kiasu de, everytime will go up and down to compare the rates and then change at the best rates. Usually 2nd floor rates are better.

 

[pacetone]

Arcade money changer's website still down?

seems like not working anymore

 

[lodylody]

now is 2.94

 

[BlurKillerEX]

now is 2.94

My friend at paya lebar tell Mr he just changed 2.98 there....

 

[wiki-traveller]

saw on their website...

Dollar exchange 2.985
Raffles 2.976
Mustafa 2.958

who can confirm?

 

[Habrosus]

Made a couple of ATM withdrawals from Maybank while in Melaka, rates about 2.94+

 

[CKL_3K]

Changed at Arcade today@2.99 around 11am.

 

[lodylody]

My friend at paya lebar tell Mr he just changed 2.98 there....

now 2.92

 

[lodylody]

http://www.channelnewsasia.com/news/business/rising-political-risks/2614314.html

AGAINST THE SING DOLLAR


Given the raft of domestic risks, analysts that Channel NewsAsia spoke to largely expect the ringgit to weaken against the Singapore dollar moving forward.


Expectations for the Monetary Authority of Singapore (MAS) to keep monetary policy steady at its policy review in April will also keep the Sing dollar fairly steady, according to ANZ’s FX strategist Irene Cheung.


“We are looking at no change given how previous appreciation policies have been modest. February’s downgrade in inflation forecast is also nothing expected hence our base scenario is for MAS to not do anything,” said Ms Cheung, who expects the Sing dollar to fetch 3.02 ringgit by the end of 2016.


NAB recommends investors to go into a long SGD/MYR position, given lingering political risks in Malaysia and how Singapore’s central bank will likely stand pat on monetary policy next month. “Fundamentally, the Singapore economy remains on a fairly strong footing. The unemployment rate remains very low at 1.9 per cent and fiscal policy remains very slightly expansionary.”



expects the Sing dollar to fetch 3.02 ringgit by the end of 2016

 

[steven168z]

http://www.channelnewsasia.com/news/business/rising-political-risks/2614314.html

AGAINST THE SING DOLLAR


Given the raft of domestic risks, analysts that Channel NewsAsia spoke to largely expect the ringgit to weaken against the Singapore dollar moving forward.


Expectations for the Monetary Authority of Singapore (MAS) to keep monetary policy steady at its policy review in April will also keep the Sing dollar fairly steady, according to ANZ’s FX strategist Irene Cheung.


“We are looking at no change given how previous appreciation policies have been modest. February’s downgrade in inflation forecast is also nothing expected hence our base scenario is for MAS to not do anything,” said Ms Cheung, who expects the Sing dollar to fetch 3.02 ringgit by the end of 2016.


NAB recommends investors to go into a long SGD/MYR position, given lingering political risks in Malaysia and how Singapore’s central bank will likely stand pat on monetary policy next month. “Fundamentally, the Singapore economy remains on a fairly strong footing. The unemployment rate remains very low at 1.9 per cent and fiscal policy remains very slightly expansionary.”



expects the Sing dollar to fetch 3.02 ringgit by the end of 2016

outdated news. on
By Tang See Kit, Channel NewsAsia
Posted 18 Mar 2016 11:26

 

[CKL_3K]

now 2.92

Rate at where?

 

[MrCoconut]

Saw at arcade 2.935~

Sent from a broken down mrt using GAGT

 

[AS1]

Highest at arcade now is 2.94

 

[dleodleo]

Arcade no longer post rates online liao.

http://www.arcademoneychangers.com.sg/ratesbiglogo.asp

Due to complaints from our competitor Money Changers stating that our published Rates are very low, we have decided not to publish our rates any longer, nevertheless we will continue to offer the best rates in town at our counter for our loyal customers!

 

[dleodleo]

http://www.channelnewsasia.com/news/business/rising-political-risks/2614314.html

AGAINST THE SING DOLLAR


Given the raft of domestic risks, analysts that Channel NewsAsia spoke to largely expect the ringgit to weaken against the Singapore dollar moving forward.


Expectations for the Monetary Authority of Singapore (MAS) to keep monetary policy steady at its policy review in April will also keep the Sing dollar fairly steady, according to ANZ’s FX strategist Irene Cheung.


“We are looking at no change given how previous appreciation policies have been modest. February’s downgrade in inflation forecast is also nothing expected hence our base scenario is for MAS to not do anything,” said Ms Cheung, who expects the Sing dollar to fetch 3.02 ringgit by the end of 2016.


NAB recommends investors to go into a long SGD/MYR position, given lingering political risks in Malaysia and how Singapore’s central bank will likely stand pat on monetary policy next month. “Fundamentally, the Singapore economy remains on a fairly strong footing. The unemployment rate remains very low at 1.9 per cent and fiscal policy remains very slightly expansionary.”



expects the Sing dollar to fetch 3.02 ringgit by the end of 2016

So got chance to get more than RM3!

 

[Bak_Chor_Mee]

Jurong Point 2.927

 

[jumpmanz]

Wah. Luckily changed a bit last week

Sent from my Samsung 4K HDTV in Batam using GAGT