Riyals drop
+6
Chian
fixcxer
jutra
mamatencem
noble-man
rizi the doll
10 posters
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Re: Riyals drop
Good news for those who intends to send money back home.
Extract from NST 25/05/2010:
Ringgit expected to trade easier
The ringgit is expected to trade lower against the US dollar next week although exporters are likely to offload their dollar positions, dealers said.
They said the ringgit is expected to trade between the 3.3500 and 3.3600 level next week, down from 3.3180/3230 on Friday.
"Exporters are anticipated to have interest to sell their dollar positions although the European debt crisis will continue to be a dampener in the foreign exchange markets worldwide," said RHB Bank's forex dealer Badeeudin Mohd Abu Bakar.
Market players are adopting a wait-and-see attitude for any fresh developments over the weekend before deciding on their next move, he said.
Another dealer said the market was worried about a possible contagion.
"However, the underlying sentiment for the ringgit is still intact," he said.
For the week just ended, Germany's move to ban naked short-selling of bonds, credit default swaps and bank shares contributed to the ringgit's movement as the euro-zone debt crisis largely continued to set the forex market direction.
The ringgit strengthened to 3.3180/3230 against the US dollar on Friday from 3.1835/1860 a week earlier.
The local unit went down against the Singapore dollar to 2.3534/3603 from 2.3079/3160 and against the Japanese yen to 3.6858/6918 from 3.4457/4511 previously.
It also weakened against the pound sterling to 4.7802/7881 from 4.6424/6477 last week and the euro to 4.1488/1561 from 3.9818/9865 previously. -- Bernama
Read more: Ringgit expected to trade easier http://www.btimes.com.my/articles/20100522122256/Article/#ixzz0olAMxMWf
Extract from NST 25/05/2010:
Ringgit expected to trade easier
The ringgit is expected to trade lower against the US dollar next week although exporters are likely to offload their dollar positions, dealers said.
They said the ringgit is expected to trade between the 3.3500 and 3.3600 level next week, down from 3.3180/3230 on Friday.
"Exporters are anticipated to have interest to sell their dollar positions although the European debt crisis will continue to be a dampener in the foreign exchange markets worldwide," said RHB Bank's forex dealer Badeeudin Mohd Abu Bakar.
Market players are adopting a wait-and-see attitude for any fresh developments over the weekend before deciding on their next move, he said.
Another dealer said the market was worried about a possible contagion.
"However, the underlying sentiment for the ringgit is still intact," he said.
For the week just ended, Germany's move to ban naked short-selling of bonds, credit default swaps and bank shares contributed to the ringgit's movement as the euro-zone debt crisis largely continued to set the forex market direction.
The ringgit strengthened to 3.3180/3230 against the US dollar on Friday from 3.1835/1860 a week earlier.
The local unit went down against the Singapore dollar to 2.3534/3603 from 2.3079/3160 and against the Japanese yen to 3.6858/6918 from 3.4457/4511 previously.
It also weakened against the pound sterling to 4.7802/7881 from 4.6424/6477 last week and the euro to 4.1488/1561 from 3.9818/9865 previously. -- Bernama
Read more: Ringgit expected to trade easier http://www.btimes.com.my/articles/20100522122256/Article/#ixzz0olAMxMWf
jutra- Newbies
- Number of posts : 12
Registration date : 2010-03-09
Re: Riyals drop
Hari ni
100 Ringgit Malaysia sama dengan 111.091 Qatari Riyal
100 Ringgit Malaysia sama dengan 111.091 Qatari Riyal
mba2009- Active Member
- Number of posts : 219
Age : 58
Registration date : 2009-07-28
Re: Riyals drop
adehhh.... Currency Protection Allowance pun tak dapat nak cover the loss....
rizi the doll- Active Member
- Number of posts : 347
Age : 44
Registration date : 2008-11-18
Re: Riyals drop
Semua conversion either MYR ataupun QR kene go through USD dulu ker?
anaz- Active Member
- Number of posts : 22
Age : 38
Registration date : 2010-06-11
Re: Riyals drop
rizi the doll wrote:adehhh.... Currency Protection Allowance pun tak dapat nak cover the loss....
Salam Rizi;
Malaysia ringgit bleh tukar senang senang kat money changer kat Qatar ke...
Pengalaman saya semua tukar USD ke QAR atau Kuwait Dinar ke QAR
TQ and cheers
mba2009
mba2009- Active Member
- Number of posts : 219
Age : 58
Registration date : 2009-07-28
Re: Riyals drop
mba2009 wrote:rizi the doll wrote:adehhh.... Currency Protection Allowance pun tak dapat nak cover the loss....
Salam Rizi;
Malaysia ringgit bleh tukar senang senang kat money changer kat Qatar ke...
Pengalaman saya semua tukar USD ke QAR atau Kuwait Dinar ke QAR
TQ and cheers
mba2009
Rizi pernah try skali... masa cuti raya haji tahun lepas...
mmg money changer kat qatar nie (city center mall) bleh tuka riyal to RM...
tapi tak sure kiranyer semua money changer kat doha leh buat ker idak...
rizi the doll- Active Member
- Number of posts : 347
Age : 44
Registration date : 2008-11-18
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