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  #286  
Old 03-11-2008, 07:38 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by XR29 View Post
The rate for RMB as of 2.30pm is 4.59....
my rate is 4.5 ler

pls help me to up my power back
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  #287  
Old 03-11-2008, 07:42 AM
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Re: Chinese RMB rates..

1 Singapore dollar = 4.62095473 Chinese yuan, time @ 0745hrs
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  #288  
Old 03-11-2008, 09:10 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by binbin81 View Post
1 Singapore dollar = 4.62095473 Chinese yuan, time @ 0745hrs


bro, if i m not wrong, the rate for changing $ at money changer n checking the rates online is different. pls correct me if i m wrong.
  #289  
Old 03-11-2008, 09:42 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by cpcheongster View Post
bro, if i m not wrong, the rate for changing $ at money changer n checking the rates online is different. pls correct me if i m wrong.
affirmative ... different rates applied with money changer, online rate, bank rate, remit rate ...
  #290  
Old 03-11-2008, 09:55 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by cpcheongster View Post
bro, if i m not wrong, the rate for changing $ at money changer n checking the rates online is different. pls correct me if i m wrong.
you are not wrong bro, i am jus providing an estimation.
hope SGD goes stronger.!! CHIONG
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  #291  
Old 03-11-2008, 10:56 AM
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Re: Chinese RMB rates..

Bros, There are couple of exchange rates. Online rates and bank rate are pretty close. They are the actual transacted exchange rates, except the banks only change their board rate once a day.

Money changer rate is typically the previous day's bank rate or average over 2 days. So even if you see the online rate going up, the money changer will not adjust upward immediately, probably the next day.

Another rate is the TT rate. This is typically better than the money changer rate as they earn on handling fees, not exchange rates.
  #292  
Old 03-11-2008, 03:33 PM
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Smile Re: Chinese RMB rates..

Quote:
Originally Posted by cpcheongster View Post
bro, if i m not wrong, the rate for changing $ at money changer n checking the rates online is different. pls correct me if i m wrong.
Yes. The online rate, bank TT rate and money changing rate are all different quotes.

The money changers around S'pore depending on their currency supply will quote a different rate, as such you should not rely too much on online rates. You can try going to those shopping mall or office centres with more money changers, like the Arcade at Raffles Place. If you have a regular money changer, then you might get a "honest" rate from him.
  #293  
Old 03-11-2008, 03:55 PM
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Re: Chinese RMB rates..

xchnage rate 4.56 at bugis junction money changer at 1533hrs ...
  #294  
Old 03-11-2008, 05:14 PM
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Re: Chinese RMB rates..

well ... i got the wrong info tat the rates will b better on monday. mayb have to wait to tuesday n see how. i miss those days when 1sgd to 5rmb.
  #295  
Old 03-11-2008, 06:11 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by cpcheongster View Post
well ... i got the wrong info tat the rates will b better on monday. mayb have to wait to tuesday n see how. i miss those days when 1sgd to 5rmb.
well ... if every monday rate will better than weekend .. then nobody will go to money changer on sat & sun leow ...

money changer tend to be more careful over the weekends thus they will give careful rates cos they do not know what will happen when the forex market open for trading on monday ...
  #296  
Old 03-11-2008, 09:41 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by adidas88 View Post
well ... if every monday rate will better than weekend .. then nobody will go to money changer on sat & sun leow ...

money changer tend to be more careful over the weekends thus they will give careful rates cos they do not know what will happen when the forex market open for trading on monday ...
not rate will b better on mondays. i was told by a friend tat MAS will do something on monday (3/11) to push up sgd against all currencies. mayb the effect can only b felt on tuesday. mayb wrong info too.
  #297  
Old 04-11-2008, 03:05 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by adidas88 View Post
xchnage rate 4.56 at bugis junction money changer at 1533hrs ...
You're always lurking around Bugis Junction. Beo MM is it?
  #298  
Old 04-11-2008, 08:57 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by Tony Stark View Post
You're always lurking around Bugis Junction. Beo MM is it?
i am Bugis Junction Kid mah .....
  #299  
Old 04-11-2008, 09:14 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by Tony Stark View Post
You're always lurking around Bugis Junction. Beo MM is it?
u dun know ma, bugis is he second home, and CP is he third home lor...
this morning rate is 4.610 in spore exchange....
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  #300  
Old 04-11-2008, 10:07 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by bonk88 View Post
u dun know ma, bugis is he second home, and CP is he third home lor...
this morning rate is 4.610 in spore exchange....
any update on the money changer rates would be very much appreciated.
Thank bro adidas for his bugis $$ changer update.even though he goes there for another purpose
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