It's hard Brexit, officially

[opulant]

The GBP has collapsed against a basket of major currencies since Brexit vote last June. It has declined more than 20% against the USD alone... http://news.sky.com/story/pound-unde...le-50-10817219


But who care about USD, I am interested on ringgit or some said shrinngit...

On the day of Brexit vote (23 June 2016), GBP/MYR is 5.900. It reached the lowest point on 26 Oct last year at 5.059, yesterday was 5.495.

With the Article 50 officially triggered by Theresa May, I am positive the GBP will decline even further.

Let it falls ... let it falls.... let lt falls....

[opulant]

UK Prime Minister Theresa May has called a general election on 8 June - three years earlier than scheduled.

This is to strengthen her hand in Brexit negotiations and I think will strengthen GBP as well...

[Naka]

UK Prime Minister Theresa May has called a general election on 8 June - three years earlier than scheduled.

This is to strengthen her hand in Brexit negotiations and I think will strengthen GBP as well...

Will she wins??

[opulant]

Will she wins??

She doesn't need to gamble to call for a snap election.

I think she will win... likely with bigger majority than previous Conservative party.

[Naka]

She doesn't need to gamble to call for a snap election.

I think she will win... likely with bigger majority than previous Conservative party.

All young British are not in favour of BREXIT

[opulant]

All young British are not in favour of BREXIT

Too late to turn back the clock ...

Between Theresa and Jeremy Corbyn from labour party, Cornyn is worse...

[tupai]

its shringgit5.629 against £1 ... will it continue to shrink ?

[opulant]

its shringgit5.629 against £1 ... will it continue to shrink ?

Answer oredi provided three weeks ago....

The GBP has collapsed against a basket of major currencies since Brexit vote last June. It has declined more than 20% against the USD alone... http://news.sky.com/story/pound-unde...le-50-10817219

But who care about USD, I am interested on ringgit or some said shrinngit...

On the day of Brexit vote (23 June 2016), GBP/MYR is 5.900. It reached the lowest point on 26 Oct last year at 5.059, yesterday was 5.495.

With the Article 50 officially triggered by Theresa May, I am positive the GBP will decline even further.

Let it falls ... let it falls.... let lt falls....

I think a weaker £ is what Mr. Mark Carney wants in the aftermath of brexit, just like a weaker AUD is what the RBA wants in order to stay competitive ...

Hopefully, with the weaker £, MYR can "strengthen" to around 5.1 in 2-3 years time....

[tupai]

Answer oredi provided three weeks ago....



I think a weaker £ is what Mr. Mark Carney wants in the aftermath of brexit, just like a weaker AUD is what the RBA wants in order to stay competitive ...

Hopefully, with the weaker £, MYR can "strengthen" to around 5.1 in 2-3 years time....

I doubt that shringgit can 'strengthen' any time within the next 5years minimum. It is taking yet another hit this morning from £, USD and € too.
Then it is also confirmed that your 1govt will pay USD2.5billions to camel lover abu dbabi.... that is again, another hole in duh head, this land of endless possibilities do not need...

[Naka]

Just learnt a new word today.

FREXIT

Something is cooking.

[opulant]

Just learnt a new word today.

FREXIT

Something is cooking.

As I said before, the majority of a country are simpletons, regardless of which country ...

Simpletons like to moan and blame anything and everything on others. If France call for a referendum, frexit is likely.

The EU now is going to give hell to Britain so that the tough exit conditions can deter other countries withdrawing the bloc. EU leaders are preparing a tough stance in brexit talks, explicitly stating that Britain must accept the bloc’s existing laws, court, and budget fees if it seeks a gradual transition out of the single market.
http://www.bbc.com/news/world-europe-39448444

Read here for the key points in the EU's negotiation plan..
http://www.bbc.com/news/uk-politics-...he-eu-39454447

[opulant]

EU has warned UK that it faces a "very hefty" bill for brexit. UK could have to pay the EU up to 100 billion euros for the divorce bill.

This will cause £ to weaken further in the coming years ....

http://news.sky.com/story/eu-negotia...nless-10861272

[Naka]

EU has warned UK that it faces a "very hefty" bill for brexit. UK could have to pay the EU up to 100 billion euros for the divorce bill.

This will cause £ to weaken further in the coming years ....

http://news.sky.com/story/eu-negotia...nless-10861272

Yeap, heard about it from radio.

Time to pack up for London?

MAS is having a sale to London...50% discount

[HTCHONG]

They were celebrating when poll decided to exit EU. I was wondering why are they so happy??!!

Now, I am not too sure are they still as happy as before?

[opulant]

..MAS is having a sale to London...50% discount

Free also won't take the flying parasite....

Choices are aplenty now.

- British Airways got daily direct flight from KL to London. (around MYR3500)
- Fly SIA. Normally, either the outbound or inbound flight will be an airbus A380. (around MYR3800)