Posted by speakup > 2016-11-11 11:36 | Report Abuse

soon all our nasi lemak, roti canai price will increase!

Posted by speakup > 2016-11-11 11:37 | Report Abuse

malaysia 1st step towards becoming South East Asia's ZIMBABWE!
terima kasih Najib.

Posted by probability > 2016-11-11 11:43 | Report Abuse

im from Zimbabwe...Hakuna Matata!

Posted by Beza > 2016-11-11 11:45 | Report Abuse

NO WORRY. BE HAPPY. WE ARE ALL ON SAME BOAT.

Posted by Blink22 > 2016-11-11 11:46 | Report Abuse

$55 billion ECR........
$60 billion HSR....

$100 billion Rosmah

Posted by sapurakencana > 2016-11-11 11:48 | Report Abuse

sure affected by our 3rd quarter GDP,if GDP below 4,ringgit will continue drop

Posted by speakup > 2016-11-11 11:48 | Report Abuse

because of corruption, rm2.6bil gone which could've been used to support our ringgit from manipulators. now no more bullet to defend ringgit.... ringgit FREE FALL!!!!

Posted by Lk036 > 2016-11-11 11:49 | Report Abuse

100b rail project! Malaysia have so many ppl to take train? White elephant later?

Posted by speakup > 2016-11-11 11:49 | Report Abuse

these so called leaders DONT LOVE OUR COUNTRY!

Posted by VenFx > 2016-11-11 11:51 | Report Abuse

Corruption shud be hang.
Anti Corruption shud investigate all lack transpearencies mega projects.

Posted by CharlesT > 2016-11-11 11:53 | Report Abuse

Dont worry be happy...we saw this b4 last year...

Posted by CharlesT > 2016-11-11 11:53 | Report Abuse

Posted by VenFx > Nov 11, 2016 11:51 AM | Report Abuse

Corruption shud be hang.
Anti Corruption shud investigate all lack transpearencies mega projects.

Unless u believe in GOD and he really exist....

Posted by nicky11 > 2016-11-11 11:54 | Report Abuse

What happen MYR.... Really wondering....

Posted by ruslimz > 2016-11-11 11:57 | Report Abuse

but dUMpNO love their 'great' leader.....

Posted by stockraider > 2016-11-11 11:57 | Report Abuse

Mainly it is the rakyat who put this leader there mah...!!
The rakyat is to blame also loh....!!

Posted by alvinchiam > 2016-11-11 11:59 | Report Abuse

buy

Posted by Noob123 > 2016-11-11 11:59 | Report Abuse

Its an isolated event only happens on Malaysia and Indonesia, dont know whether has any relationship with Malaysia being too close to China

Posted by Junichiro > 2016-11-11 11:59 | Report Abuse

Capital controls coming ??

Posted by CharlesT > 2016-11-11 11:59 | Report Abuse

Last year all the way dropped from 3.6+ to 4.4+ more scary lah...

Now from 4.2+ to 4.4+ dont tell me u scared till laosai...U saw bigger thing before mah

Posted by CharlesT > 2016-11-11 12:00 | Report Abuse

If from 4.2 to 5 then i join u to scare also

Posted by CharlesT > 2016-11-11 12:01 | Report Abuse

There is no much selling pressure on bluechips as well as the vol is thin...maybe EPF hands itchy

Posted by CharlesT > 2016-11-11 12:02 | Report Abuse

Except MBB n Axiata...4-5M+ traded

Posted by Koon Bee > 2016-11-11 12:02 | Report Abuse

Haha...master murali

Posted by CharlesT > 2016-11-11 12:03 | Report Abuse

Murali is with Simon Kueh now.RIP.

Posted by kl foong > 2016-11-11 12:06 | Report Abuse

Receiving news that trading of usd suspended today. Last transaction done at RM 4.48.

Posted by nicky11 > 2016-11-11 12:10 | Report Abuse

Now is 1 USD = 4.43749 MYR

Posted by CharlesT > 2016-11-11 12:12 | Report Abuse

I saw 4.39 now?

Posted by Junichiro > 2016-11-11 12:17 | Report Abuse

Probably those foreign funds in emerging markets assets are starting to move back to US in anticipation of rate hike. Other emerging market currencies are also affected. So much for those in the gomen who says things will go as usual.

Posted by clp72 > 2016-11-11 12:17 | Report Abuse

no such thing. its still trading... now at 4.38

Posted by CharlesT > 2016-11-11 12:24 | Report Abuse

Again 3.6 to 4.4 u should scare...4.2 to 4.4 no worries

Posted by WaKaLuGong > 2016-11-11 12:25 | Report Abuse

Malaysia 3Q GDP 4.3%

Source: Bank Negara Website

Posted by jasonor > 2016-11-11 12:30 | Report Abuse

after myr trading lifted then how?

Posted by Junichiro > 2016-11-11 12:32 | Report Abuse

Yes, trading in USD/MYR was briefly suspended just now. My friend working as a financial controller in a foreign firm called me to inform me. I think it is RM4.38 now according to some forex website.

Posted by Junichiro > 2016-11-11 12:34 | Report Abuse

The spectre of foreign funds invested in financial assets leaving for US in expectation of a rate hike. I think it is only starting. Other currencies such as won was also affected.

Posted by r°Moi > 2016-11-11 12:38 | Report Abuse

"To avoid Ringgit to weaken any furthur, Bank Negara has issued an order to ban all foreign currency exchange that involves MYR. So no FX conversion and DCI involving MYR for all banks and money changer today."

Posted by Junichiro > 2016-11-11 12:39 | Report Abuse

But how long can it last? Unless they intend to impose capital controls.

Posted by r°Moi > 2016-11-11 12:40 | Report Abuse

Trumps is a zero sum game?? Toxic...

Posted by 静思# 是修养也是修行 > 2016-11-11 12:40 | Report Abuse

No capital control does not mean BNM give up to intervene using international reserve or create attractiveness in Ringgit (as a product)

Posted by 静思# 是修养也是修行 > 2016-11-11 12:43 | Report Abuse

Pull and push factor for Ringgit until X'mas nite

Push:
Crude oil price
Malaysia Banking listed company latest quarter result
Major infrastructure kick start

Pull factor
Interest rate of US & US Corporate rate CUT
TPP revision

we shall examine one by one to put in probability chart to get direction

Posted by 静思# 是修养也是修行 > 2016-11-11 12:44 | Report Abuse

all brothers
will delete and make no messy later

Posted by jonatlau79 > 2016-11-11 13:30 | Report Abuse

Withdrawn From Malaysia, Flow In Indonesia

Posted by Junichiro > 2016-11-11 14:23 | Report Abuse

Confirmed. Foreign investors selling government bonds (see Malaymailonline today)

Posted by Annetan > 2016-11-11 14:24 | Report Abuse

I noted the sharp spike in USD/ringgit.Following were the reasons cited
1)sell down in bonds by foreigners give weakness in bond mkt.currently they hols 36% of total bonds and more than 50% in MGS
2)RM11 b govt bond maturing on 15th nov
3)msia deems to be key loser shoud TTPA no taking off under trump
4)Close links with China may see spills over effect of -ve impacts arising frm Trump policies towards China
5)expectation of repatriation of US funds given potential fiscal spending in US and Trump new oerseas rade policies
6)Fed hike aggressively next yr if Trump embarks on growth agenda

Posted by Junichiro > 2016-11-11 14:26 | Report Abuse

I do not think it is a currency attack.