Change only if u need. Rm will stablise at abt 3.20 in near term. Longer term, will be looking at 3.40-3.50.
Najib has caused msian debt to shoot up, missing $, crude oil price drop, political / race unstable, commodities price plunge, china slowing down. No good news for rm at all.
China is msia biggest trading partner. China catch a cold, msia & aust will sneeze like mad.
agreed. spoke to some dealers last night. they were saying usdmyr will touch 4.5 before end of this week. I think when this happens, we should see sgdmyr hitting 3.15 as well.
