[Official Thread] Ringgit Exchange Rate

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caramon

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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.
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Oil price is slowly climbing up plus no more 1MDB effect

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hwbest

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sentiment has run ahead of fundamentals. people forget that oil is still half price vs b4, hence their desperation to cut supply, and yet oil related stocks, bonds and currencies have soared like mad already
 
x3dnd3x

x3dnd3x

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Like that lesser sinkies will go in shopping liao. If rate continue like that, CNY goodies i also mai waste time go in see liao.
 
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orangemonkey88

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rates in JB - 2.96 at money changer near teck sing/the store area 2.95 insider KSL 2.955 at petronas station jalan bukit chagar
 
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