Chinese RMB rates.. - Page 5

TrulyAsia · #61 03-10-2008, 10:58 AM

Hi Bros,

Feeling the pinch of the low xchange rates now, have to travel more frequently to China from next mth onwards, really regretting not changing more when the rates were like 5.09 in Mar 08.

adidas88 · #62 03-10-2008, 12:01 PM

Quote:

Originally Posted by TrulyAsia

Hi Bros,

Feeling the pinch of the low xchange rates now, have to travel more frequently to China from next mth onwards, really regretting not changing more when the rates were like 5.09 in Mar 08.

早知今天；何必当初 ...

Heart Break Kid · #63 03-10-2008, 01:27 PM

Quote:

Originally Posted by TrulyAsia

Hi Bros,

Feeling the pinch of the low xchange rates now, have to travel more frequently to China from next mth onwards, really regretting not changing more when the rates were like 5.09 in Mar 08.

If everyone can successfully predict the movement of exchange rates then nobody need to work liao ..
every night just sit inside KTV & relax enough liao

TrulyAsia · #64 03-10-2008, 02:18 PM

yaloh, so bo pian have to pray hard that the rates at least go up abit more.

Zap3522 · #65 05-10-2008, 02:16 PM

Ytd went to chinatown and saw the exchange rate is oni S$1=4.69rmb

adidas88 · #66 05-10-2008, 03:23 PM

Quote:

Originally Posted by Zap3522

Ytd went to chinatown and saw the exchange rate is oni S$1=4.69rmb

weekend rates always suck ....
hopefully next wk ... SG$ will be strong against rmb ...
me need to change $$$$$$ ...

6 more days to paradise ....

theUnforgotten · #67 05-10-2008, 03:36 PM

Quote:

Originally Posted by adidas88

weekend rates always suck ....
hopefully next wk ... SG$ will be strong against rmb ...
me need to change $$$$$$ ...

6 more days to paradise ....

Yeah , I am planning to change on Monday evening , only 3 days to Paradise for me

anyone knows the latest HKD exchange rate at their favourite money changer too, cos I need to be in HK on 1 day.

JackieWong · #68 05-10-2008, 03:51 PM

9

Quote:

Originally Posted by adidas88

weekend rates always suck ....
hopefully next wk ... SG$ will be strong against rmb ...
me need to change $$$$$$ ...

6 more days to paradise ....

lucky i still balance of 5k from previous which i change is 5.07 but still need to change 5k more hopefully by the nx week. Usually monday the rates will go up cos opening of the forex market and $700 billion financial rescue bill got U.S. congressional approval so it may push the market up abit

9 days to go to CA/CP

mebirdie · #69 05-10-2008, 04:38 PM

knn..... the remit rate is only 4.66 oni today.

Quote:

Originally Posted by theUnforgotten

anyone knows the latest HKD exchange rate at their favourite money changer too, cos I need to be in HK on 1 day.

You going for HK for 1 day. How much can you spent and what is the difference

adidas88 · #70 05-10-2008, 04:51 PM

Quote:

Originally Posted by mebirdie

knn..... the remit rate is only 4.66 oni today.

bro bird bird remit money to PRC ???
shhhhhhhhhhhhhhhhh .. buy nokia handphone isit ??

i wouldn't tell anybody ...ok ??

Quote:

Originally Posted by mebirdie

You going for HK for 1 day. How much can you spent and what is the difference

ya lar bro ... 1 day in HK .. not much savings ...

Quote:

Originally Posted by JackieWong

lucky i still balance of 5k from previous which i change is 5.07 but still need to change 5k more hopefully by the nx week. Usually monday the rates will go up cos opening of the forex market and $700 billion financial rescue bill got U.S. congressional approval so it may push the market up abit

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

mebirdie · #71 05-10-2008, 05:28 PM

Quote:

Originally Posted by adidas88

bro bird bird remit money to PRC ???
shhhhhhhhhhhhhhhhh .. buy nokia handphone isit ??

i wouldn't tell anybody ...ok ??

shhhhhhhhhhhhhhhhh.................

angie II · #72 05-10-2008, 05:51 PM

wah... dhese dayz the rates suckz man...

cuppam1982 · #73 05-10-2008, 06:06 PM

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

theUnforgotten · #74 06-10-2008, 09:03 AM

Quote:

Originally Posted by mebirdie

knn..... the remit rate is only 4.66 oni today.

You going for HK for 1 day. How much can you spent and what is the difference

yeah , I may just use the ATM if emergency in HK.

Happykiwi · #75 06-10-2008, 10:25 AM

Haiz...... China will no longer remain a "paradise" at the rate the RMB is gaining in value!