Chinese RMB rates.. - Page 8

mebirdie · #**106** 10-10-2008, 12:33 PM

After Singapore declare recession, the rate is even worst. Now below $4.6

petrolheadsg · #**107** 10-10-2008, 01:37 PM

yay...I kenna screwed today :-)

Unfortunately not in the way I would like haha

Rate is below 4.6 even at chinatown/pple park

Everywhere else run out of rmb

Incidentally there was this woman at the money changer that wanted to exchange RMB...offered to give her better rate but she reluctant...haiz

oh well have to go to paradise and get my wounds licked and get comfort. You know where it hurts most :-)

bonk88 · #**108** 10-10-2008, 02:51 PM

Quote:

Originally Posted by adidas88

KNN .. u get 4.75 today har ??

Quote:

Originally Posted by XR29

Bro,When u change, still can get 4.75?

Quote:

Originally Posted by adidas88

he's probably talking abt last mth or the other last month ...
u neber see me KNN him meh ...
he deserve it ... cum here and talk nonsense ...
i also get 5.01 rate but that was in march ....
TMD ... must KNN him otherwise not shiok ....

U kNN....

I got it form my client at holland V. Didnt reply this post cos didnt log in last nite and busy with work also.....

Quote:

Originally Posted by XR29

I also think this way...Regardless of 5.01 or 4.75...U still need to change sa as to enter yr paradize in 2 days time....

Yes, u r rite, as i said, is from my client, so he give me a better rate, and just earn my com very litter only... cos is my client...

adidas88 · #**109** 10-10-2008, 02:57 PM

Quote:

Originally Posted by bonk88

U kNN....

I got it form my client at holland V. Didnt reply this post cos didnt log in last nite and busy with work also.....

say so lar ... write a few words and expect everyone to know what u mean har ?? really must KNN u otherwise not shiok .... TMD ...

1 more day to paradise

adidas88 · #**110** 10-10-2008, 06:48 PM

Quote:

Originally Posted by adidas88

dun think that will affect SG currency rate ....
if i'm not mistaken, MAS deliberately weaken SG dollar to become competitive ...

Quote:

Originally Posted by cuppam1982

the MAS policy is to increase the strength of the sGD, thus reduce the impact of the Inflations. the currency had been increase by more than 20 percent thoughout the 2008.(claim by newpaper). the strength of the rmb is mainly due to external issues. you might be available to notice that the sudden increase in strength of the rmb currency is mainly within july to aug.

USD700B
i think when the bill get thought there wil be a sudden lift in the overall maketm and the rates will go up abit. but however, i don think it will be within this two week, the bill will take around weeks to get though and then need to wait for the government to "pay" up and the affect is not immegiate.
furthermore, the 700b bill is split into three stage.

the reasons for the rmb is become so strong within the years, is mainly due to the country had more import than export. thus the goverment had to purchase more forigen currency to bring down the currency rate.
i thought the import of the milk product is limited. the currency will weaken. did not see any effect
the rates i get more is around 4.68 to 4.7 for money rate.

let pray the rate will go down. at least to 4.8+ to 4.9 if not sian, i will be going to china for 5 days. i will dring around 2k(sgd) to go over. let hope it will be around 10,000

The truth is out .....

By ALEX KENNEDY,Associated Press Writer AP - Friday, October 10...

The central bank, known as the Monetary Authority of Singapore, said in a statement Friday it shifted it's foreign exchange policy to a "zero percent appreciation" of the Singapore dollar from a "modest and gradual appreciation" in a bid to boost the competitiveness of the country's exports.

Tony Stark · #**111** 11-10-2008, 04:10 AM

Quote:

Originally Posted by adidas88

The truth is out .....

By ALEX KENNEDY,Associated Press Writer AP - Friday, October 10...

The central bank, known as the Monetary Authority of Singapore, said in a statement Friday it shifted it's foreign exchange policy to a "zero percent appreciation" of the Singapore dollar from a "modest and gradual appreciation" in a bid to boost the competitiveness of the country's exports.

Asia faces 'rough ride,' Singapore's leader says - Yahoo! Singapore News

I've been waiting for this. It's time to pick up bargain deals ranging from shares, cars, properties, rentals, etc.

CASH IS KING.

adidas88 · #**112** 11-10-2008, 10:01 AM

Quote:

Originally Posted by Tony Stark

Asia faces 'rough ride,' Singapore's leader says - Yahoo! Singapore News

I've been waiting for this. It's time to pick up bargain deals ranging from shares, cars, properties, rentals, etc.

CASH IS KING.

that's why i said "liquid asset is always the best" ...
becoz u get to buy when others need to sell ....

properties r for living hood and long term investment ....
it's a lifetime commitment ...

Tony Stark · #**113** 11-10-2008, 03:32 PM

Quote:

Originally Posted by adidas88

that's why i said "liquid asset is always the best" ...
becoz u get to buy when others need to sell ....

properties r for living hood and long term investment ....
it's a lifetime commitment ...

Great advice. Such mindset never goes wrong.

Ahh Fatt · #**114** 13-10-2008, 12:26 PM

ytd, change at Boon Lay, rate : 4.54

last wkn was at 4.70, din change ......

Ahh Fatt · #**115** 13-10-2008, 12:42 PM

latest update from Mebirdie....
He is at Change Alley now, reported most are at 4.54 but 1 is offering 4.56.
He is Q'ing and chnaging $ for me now...kekeke TQ bro.

stephan · #**116** 13-10-2008, 12:47 PM

Quote:

Originally Posted by Ahh Fatt

latest update from Mebirdie....
He is at Change Alley now, reported most are at 4.54 but 1 is offering 4.56.
He is Q'ing and chnaging $ for me now...kekeke TQ bro.

no wonder he is not at home, intend to jio him for lunch....

cpcheongster · #**117** 13-10-2008, 01:17 PM

Quote:

Originally Posted by Ahh Fatt

latest update from Mebirdie....
He is at Change Alley now, reported most are at 4.54 but 1 is offering 4.56.
He is Q'ing and chnaging $ for me now...kekeke TQ bro.

at this rate rmb is moving, sooner or later MAS will devalue sgd to 1sgd to 4rmb?

huanggua · #**118** 14-10-2008, 03:56 PM

This morning managed to obtain 4.565. D guy before me bought rmb 320K.

cpcheongster · #**119** 14-10-2008, 11:15 PM

Quote:

Originally Posted by huanggua

This morning managed to obtain 4.565. D guy before me bought rmb 320K.

the money changer has so much rmb to sell? 320k??? tat is around 70k sgd?

he might as well get from the bank or even remit?

i thought sg govt by law, u have to declare if exiting sg with a large sum of cash?

Happykiwi · #**120** 15-10-2008, 04:22 AM

Quote:

Originally Posted by petrolheadsg

yay...I kenna screwed today :-)

Unfortunately not in the way I would like haha

Rate is below 4.6 even at chinatown/pple park

Everywhere else run out of rmb

Incidentally there was this woman at the money changer that wanted to exchange RMB...offered to give her better rate but she reluctant...haiz

oh well have to go to paradise and get my wounds licked and get comfort. You know where it hurts most :-)

When the exchange rate drops, your little head aches, izzit?

Quick, go GL Lorong 25 and ask for instant accupressure relief lorr.....