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Exchange Rates for RM

Mingchye

Alfrescian
Loyal
Do you know what is the reason?

Good time to go change?

I am not sure of the reason. But I think once hit rm2.50 just change first. If the rates go better its fine as there is a higher chance of rates dropping back below 2.5 and hovering arnd 2.46-2.48
On the overall the rates at end 2012 is much better than 2011. So we shld be happy no matter the rate :wink:
 

crystal_tiong

Alfrescian
Loyal
I am not sure of the reason. But I think once hit rm2.50 just change first. If the rates go better its fine as there is a higher chance of rates dropping back below 2.5 and hovering arnd 2.46-2.48
On the overall the rates at end 2012 is much better than 2011. So we shld be happy no matter the rate :wink:

but today acrade rate still 2.454 leh
 

whoami

Alfrescian (Inf)
Asset
Juz play around with my TV r/c. Teletext oreidi shown 2.4935/4953..both ways i.e. bid/ask.

So very worst should be btw 2.47 ++

2.45 is a rip off!
 

whoami

Alfrescian (Inf)
Asset
Wat is shown in the net is not wat u will get otc. Chettiar r holding on to the ringgit. We r at their mercy!

Juz called Aracade. Quoting 2.44. $hit!
 

Mspimples

Alfrescian
Loyal
I use Raffles money change at jurong point and clifford ctr as they accept crossed cheques. Same charges as using cash, no max amount. Crown Exchange in Arcade accept cheques but must leave the "or bearer" portion uncrossed, which I think is very silly so I never used them.

Hi mingchye, may I check, u issue cheque to them based on that day rate, so after the cheque cleared the next day, will they TT a lower amount if the rate goes up?
 

myrsing

Alfrescian
Loyal
A check with the money changer. He told me ringgit no more stocks! Luckily i did change 100k and put into FD on mthly basis. Just in case situation like this arises.
 

jade apple

Alfrescian
Loyal
A check with the money changer. He told me ringgit no more stocks! Luckily i did change 100k and put into FD on mthly basis. Just in case situation like this arises.

No wonder Dollar Exchange in Jurong Point rate is so terrible tonight . Cash 2.435 tt 2.445.

Is monopoly, the price is controlled. The retail price does not follow the movement of the spot price.
 
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