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Thread: It breaks 3.8

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  1. #1
    Join Date
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    It breaks 3.8

    At at 10am, StandChart I saw the exchange rate was 3.7997. At 12:30pm, PBB rate break 3.80 at 3.8020.

    Last night my girl was telling me to hold on payment, hoping it will go down.

    So many things not right, thanks to BN

    http://www.themalaysianinsider.com/s...mak-khuin-weng

  2. #2
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    Typically, as with our BBB [ Blessed Bolehlander Brethren ]......this iconic moment in our nations financial history.....passes by with little ado......as one 'Analyst' passes it off as 'not unusual' ......whilst,.....they carry on living in 'lulu-lulu land' with the most viewed news on the MM Portal being about naked tourists, and designer vaginas


    'Analyst: Weakening ringgit not unusual' ...>>Read@Malay Mail<<


    And....Most viewed on Malay Mail Online now.......'Designer vagina fad hits Malaysian'.....>>>Read More @MM Here<<<

    So?? Will that cost more too?

  3. #3
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    However others want to look at it, our currency is NEVER resilient!..it sway to the wind.. say whatever..I stick to my own view. When prices go up it never come down..but rates can spiral downwards so so easily like a whirlpool in a flash.

  4. #4
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    [QUOTE=kuma;593823][I][COLOR="#0000CD"]Typically, as with our BBB [ Blessed Bolehlander Brethren ]......this iconic moment in our nations financial history.....passes by with little ado......as one 'Analyst' passes it off as 'not unusual' ......whilst,.....they carry on living in [I]'lulu

    LOL - you're so funny bro...

  5. #5
    Join Date
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    Quote Originally Posted by Sentinel View Post
    LOL - you're so funny bro...
    What to dooo looo bro? .......All I can do is laugh it off too ......if you can't beat, join 'em la

    And for those who search the local news portals for news of our 'bottomless linggit'.....not much lo .....but when you do....what is not mentioned is.....

    Sure, its because of US's loctored [oops sorry] 'jobs reports and non farm payrolls' .....that many other currencies got whacked too......BUT,......

    'Ringgit Leads Asia Losses This Week'


    >>ReadMore@Bloomberg<<


    "Malaysia’s ringgit fell for a third week as oil prices slumped before U.S. data......The currency led declines in Asia as a 5.9 percent drop in Brent crude this week weighed on the outlook for Malaysia..........The country’s exports contracted more than economists forecast in April and the trade surplus narrowed"

  6. #6
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    Yup!..LEAD!..for the wrong reasons!

  7. #7
    Join Date
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    At USD1.00 = MYR3.8020.... a currency trader at UOB Kayhian said this to me.... "see you at 4!".... and my stupid answer over the phone was "uhh... I'm not in Singapore, can't see you!" It was only after I said that did I realize what he really meant...

    If Fitch really goes ahead and downgrades Bolehland's credit rating, then even 4.00 is not the limit.... imagine a job creation report in the US can cause such a ripple to the ringgit today....

  8. #8
    Join Date
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    Quote Originally Posted by Jennylim View Post
    At at 10am, StandChart I saw the exchange rate was 3.7997. At 12:30pm, PBB rate break 3.80 at 3.8020.

    Last night my girl was telling me to hold on payment, hoping it will go down.

    So many things not right, thanks to BN

    http://www.themalaysianinsider.com/s...mak-khuin-weng
    Sigh! Hold some more, si liao!

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