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No end in sight for ringgit, stocks rout....

No end in sight for ringgit, stocks rout....

Old Oct 8th 2015, 11:11 am
  #16  
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Default Re: No end in sight for ringgit, stocks rout....

Or the Sultans remove Najib....
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Old Nov 17th 2015, 11:51 am
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Default Re: No end in sight for ringgit, stocks rout....

Originally Posted by InVinoVeritas
It looks like the opportunity to convert some GBP or EUR to Ringett has passed its peak, at least for the time being.
GBP has returned to fresh highs against the ringgit this week at around GBP 1 to RM 6.67.
Not had it that good/bad since early October.

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Old Nov 17th 2015, 4:20 pm
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Default Re: No end in sight for ringgit, stocks rout....

Euro went down again, slowly i doubt, that we will see the 5.00 again.
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Old Nov 24th 2015, 11:33 am
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Default Re: No end in sight for ringgit, stocks rout....

Well the ringitt has gone up about 10% since its low 2 months ago. No idea why though.
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Old Nov 24th 2015, 11:49 am
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Default Re: No end in sight for ringgit, stocks rout....

Originally Posted by InVinoVeritas
Well the ringitt has gone up about 10% since its low 2 months ago. No idea why though.
Some answers here:
KLCI extends winning streak; ringgit strengthens | The Edge Markets

But I'm not totally convinced!

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Old Nov 25th 2015, 3:42 am
  #21  
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Default Re: No end in sight for ringgit, stocks rout....

Originally Posted by InVinoVeritas
Well the ringitt has gone up about 10% since its low 2 months ago. No idea why though.
China announced that it will sell USD and EUR Bonds and invest in Asian Emerging Markets currencys. And the government owned desaster company 1MDB that had a big role in the recent ringgit crash, sold parts of it´s business to China yesterday also.
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Old Feb 10th 2016, 7:11 am
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Default Re: No end in sight for ringgit, stocks rout....

GBP at RM6 today and will, I think, be going lower still. Hope you all changed up when it was at RM6.68?

GBP/EUR is at 1.28, the lowest for quite some time.
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Old Feb 11th 2016, 3:57 am
  #23  
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Default Re: No end in sight for ringgit, stocks rout....

Originally Posted by InVinoVeritas
GBP at RM6 today and will, I think, be going lower still. Hope you all changed up when it was at RM6.68?

GBP/EUR is at 1.28, the lowest for quite some time.

IVV, September 10th 2015:
"With the pound at RM6.64, now may be a good time to convert some GBP. Personally, I doubt the ringett is going much lower at the moment..."

Norwegian Blue to IVV: "Who's a clever boy then?"

Great call IVV. Spot on.

I missed that one, expecting further weakness, and was lucky to get 6.60 in mid November. Spent it all now of course.
Still, went to see The Revenant (Leonardo DiCaprio) at the cinema yesterday. RM8.50 a ticket! Not going to break the bank is it? My bar of English chocolate from M&S cost more. Good film too.

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Old Feb 11th 2016, 7:49 am
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Default Re: No end in sight for ringgit, stocks rout....

Originally Posted by JC3
Still, went to see The Revenant (Leonardo DiCaprio) at the cinema yesterday. RM8.50 a ticket!
Wednesday is cinema day in Malaysia:
Golden Screen Cinemas :: GSC Special Price
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