Serious Ringgit In Free Fall! Plunged To 12-year Low! Donald Trump Identified As Culprit!

[AsiaDK]

Ringgit Self-pawned

“The Malaysian ringgit’s in a world of its own simply because of the currency regulations that Bank Negara Malaysia’s coming out with,” said Stephen Innes, a senior trader at Oanda Asia Pacific Pte Ltd. in Singapore. “Right now, people are still looking for the exits on the bond market simply because there’s a growing fear that they just can’t hedge their risk.”

http://www.marketpulse.com/20161122/ringgit-sentiment-continues-to-sour

 

[AsiaDK]

Australia caught Aussie Banks cheating in Singapore over Ringgit rates http://www.todayonline.com/business/australian-banks-admit-malaysia-currency-cartel-pay-fines

Two Australian banks have offered to pay fines for “cartel conduct” when trading foreign exchange contracts for the Malaysian ringgit, in the latest controversy engulfing banks and their manipulation of foreign exchange rates. Traders from Macquarie, ANZ and other banks communicated in private online chatrooms about their daily submissions to the Association of Banks in Singapore in relation to the benchmark rate for the Malaysian currency




ok, what private chatroom they used? could it be our sammyboy chatroom?

 

[AsiaDK]

Ringgit drops to all-time low against Singdollar

SINGAPORE — The Malaysian Ringgit fell to an all-time low against the Singapore dollar on Friday (Nov 25), with S$1 trading at RM3.1317 at around 2.10pm, showed Bloomberg data http://www.todayonline.com/world/asia/ringgit-drops-all-time-low-against-singdollar

 

[ginfreely]

Today changed at 3.07. Huat ah!

Today changed at 3.10. More Huat!

 

[AsiaDK]

Today changed at 3.10. More Huat!

Congrats my dear. This is today's news

Ringgit falls to new record low against Sing dollar
This story is developing.
http://www.todayonline.com/business/ringgit-falls-new-record-low-against-sing-dollar

 

[ginfreely]

Congrats my dear. This is today's news

Ringgit falls to new record low against Sing dollar
This story is developing.
http://www.todayonline.com/business/ringgit-falls-new-record-low-against-sing-dollar

Don't call me dear. It's OK I changed a few hundred only each time. I will be able to catch the lowest one day!

 

[AsiaDK]

Don't call me dear. It's OK I changed a few hundred only each time. I will be able to catch the lowest one day!

So sorry, but you got character. I like your posts cos we think alike.

I have been associated with being a clone of many seniors here.
Maybe now they will think I am your clone.

 

[ginfreely]

So sorry, but you got character. I like your posts cos we think alike.

I have been associated with being a clone of many seniors here.
Maybe now they will think I am your clone.

I have no clones except those that I have declared and subsequently banned permanently by Leongsam for no reason.

 

[AsiaDK]

I have no clones except those that I have declared and subsequently banned permanently by Leongsam for no reason.

I have no past. So i can any clone whom our pals here want me to be,
except sister Tracy, Claire and you cos I am AsiaDK

 

[flatearther]

So i can any clone whom our pals here want me to be,

Only krafty,
so not any!

And sorry for that extremely short poem! :p

 

[AsiaDK]

Should (Ginfreely) be happy when the Malaysian ringgit slumps
http://news.asiaone.com/news/business/should-singaporeans-be-happy-when-malaysian-ringgit-slumps

Enjoy while it lasts. As individuals, we can head to the moneychangers, buy up some MYR, travel to JB and splurge because we can - with historically high valuations of SGD (relative to MYR), we should definitely consider visiting JB for their delicious food and other goods.

 

[AsiaDK]

3.12 this morning.


Malaysia Set to Close 1MDB http://www.finews.com/news/english-news/25759-malaysia-set-to-close-1mdb

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