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#4428
17-01-2014, 08:49 AM
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Re: Chinese RMB rates..
Yesterday eevening went to PPC check RMB @ 4.73
__________________
Daily pick to give 13 points away for exchange. For those keen to exchange points, minimum Power +7 Need u to post something that i can return u the points. 
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#4430
17-01-2014, 06:06 PM
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Re: Chinese RMB rates..
Quote:
Seems the rate will not getting better soon 
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#4432
19-01-2014, 06:04 PM
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Chinese New Year
Quote:
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#4433
20-01-2014, 01:19 PM
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Re: Chinese RMB rates..
Oh no left 4.7 nia...
 
__________________
Money can't buy happiness, but it sure makes misery easier to live with. Proud Member of SBF Tiko Club dc's Wellness Spa Retired from cheonging... Up in mountain!!
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#4434
21-01-2014, 03:44 AM
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Week In FX Asia - All Eyes On China's Growth Story
http://seekingalpha.com/article/1953...s-growth-story
The market is expecting that China's GDP rose +7.6% on year, down from +7.8% in Q3. Many have been calling for the Yuan to break the psychological +6.0000 level sometime this year. They expect China to speed up their financial market reform, including allowing freer cross-border capital flow, which should be reason enough to eventually lead to a stronger Yuan. A surge in China's foreign-exchange reserves will continue to add pressure on Yuan appreciation. Their fx reserves reached a staggering +$3.82-trillion at the end of last year, up from +$3.66-trillion in September.
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#4435
21-01-2014, 06:39 PM
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Re: Chinese RMB rates..
2 hour ago the RMB strengthen another cents against the S$ 4.73 and below. Historical LOW. So money changer rate is worse than that... anyone planning to spend with Credit Card in China will be in for a shocker... best use cash for now till after CNY.... Have a nice Holiday...
Strong RMB good for China tourist and Singapore Retail... buy.. buy.. and buy
__________________
What is worst than losing a Friend 
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#4437
21-01-2014, 11:53 PM
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RMB Appreciation
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 Historical low in the Forex market is on 05/03/09 at 4.3936.  Strong RMB is only good for foreign exchange and travelling overseas. Just like Singapore a strong currency will result in high cost of living and accelerating asset prices. The income disparity between the rich and poor is very wide in China. Poor people will suffer more as a result of full speed ahead economic reforms. You can already see those people working in Tier 1 cities cry father and mother liao. Last time is earn USD, SGD and spend in Malaysia or Thailand. Now and in the future is to earn RMB.
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#4438
22-01-2014, 05:54 PM
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Re: Chinese RMB rates..
Quote:
__________________
Money can't buy happiness, but it sure makes misery easier to live with. Proud Member of SBF Tiko Club dc's Wellness Spa Retired from cheonging... Up in mountain!!
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#4439
22-01-2014, 09:25 PM
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Re: Chinese RMB rates..
Today's best rate available at arcade was 1 SGD= RMB 4.71 at 4.30pm
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#4440
22-01-2014, 09:30 PM
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Re: Chinese RMB rates..
Thx bro's for the kind updates
__________________
It's not the sex alone but the excitement of doing things dangerous and get away with it!
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