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  #1261  
Old 02-06-2009, 04:52 PM
alvin44 alvin44 is offline
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Re: Chinese RMB rates..

Today, PPC exchange rate is 1 = 4.7
  #1262  
Old 02-06-2009, 05:24 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by alvin44 View Post
Today, PPC exchange rate is 1 = 4.7
affirmative ..... 4.7 rate at PPC ...
  #1263  
Old 02-06-2009, 08:57 PM
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Re: Chinese RMB rates..

looks like rmb is going south ....
becoz i just changed 4.71 at PPC ...

the money changer quoted me 4.7 .... but when i asked what's the best rate if i change $4K ... he quoted 4.71 ...
which means he believe rmb will continue to soften further ....

good news .... can change some more if it hit 4.75 ....
  #1264  
Old 02-06-2009, 11:54 PM
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Re: Chinese RMB rates..

Champion GTO ,
Strike again.

Interbank rate touch 4.75 liao.


What your recommendation now? Must buy now or still wait?
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  #1265  
Old 02-06-2009, 11:57 PM
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Re: Chinese RMB rates..

Cashking,

4K sing where got enough for u? Did u miss a zero somewhere?

Quote:
Originally Posted by adidas88 View Post
looks like rmb is going south ....
becoz i just changed 4.71 at PPC ...

the money changer quoted me 4.7 .... but when i asked what's the best rate if i change $4K ... he quoted 4.71 ...
which means he believe rmb will continue to soften further ....

good news .... can change some more if it hit 4.75 ....
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  #1266  
Old 03-06-2009, 06:02 AM
789550 789550 is offline
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Re: Chinese RMB rates..

Quote:
Originally Posted by adidas88 View Post
not bad considering it's on a sunday ...

bro .. check ur PM ..
Thanks for the PM. Will digest n get back to u soon. Cheers.
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  #1267  
Old 03-06-2009, 09:19 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by coolmanks View Post
Cashking,

4K sing where got enough for u? Did u miss a zero somewhere?
he mean 4k US$

and that is for a 2 days trip.
  #1268  
Old 03-06-2009, 09:29 AM
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adidas88 adidas88 is offline
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Re: Chinese RMB rates..

Quote:
Originally Posted by Lookingaround2 View Post
he mean 4k US$
and that is for a 2 days trip.
bro ... u r so smart ...

looking out for 4.75 .....
  #1269  
Old 03-06-2009, 09:46 AM
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coolmanks coolmanks is offline
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Re: Chinese RMB rates..

La2,

"the money changer quoted me 4.7" rate of 4.7 so amouint must be Sing lah.
But agreed 4K SGd or around 19K RMB should be sufficent for the CASHKING "two day" trip if he cut back on his tipping at the footie.

When you going again?


Quote:
Originally Posted by adidas88 View Post
looks like rmb is going south ....
becoz i just changed 4.71 at PPC ...

the money changer quoted me 4.7 .... but when i asked what's the best rate if i change $4K ... he quoted 4.71 ...
which means he believe rmb will continue to soften further ....

good news .... can change some more if it hit 4.75 ....
Quote:
Originally Posted by Lookingaround2 View Post
he mean 4k US$

and that is for a 2 days trip.
Cash king,

Since you goes so often and alway carry so much CASH, u should consider getting a China debit card. Rate at TT agent better and also no need to worry about fake note.


Quote:
Originally Posted by adidas88 View Post
bro ... u r so smart ...

looking out for 4.75 ..... )
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  #1270  
Old 03-06-2009, 09:50 AM
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adidas88 adidas88 is offline
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Re: Chinese RMB rates..

Quote:
Originally Posted by coolmanks View Post
La2,
"the money changer quoted me 4.7" rate of 4.7 so amouint must be Sing lah.
But agreed 4K SGd or around 19K RMB should be sufficent for the CASHKING "two day" trip if he cut back on his tipping at the footie.
dun sabo me lar .... me never tips footie so much lar ...
just little bit onli ...
Quote:
Originally Posted by coolmanks View Post
When you going again?
this month ... wanna join us ??

Quote:
Originally Posted by coolmanks View Post
Since you goes so often and alway carry so much CASH, u should consider getting a China debit card. Rate at TT agent better and also no need to worry about fake note.
yes .. have been contemplating on doing this ...
but whenever i'm in CP ... cannot find time to do it leh ...

what do i need to have a china bank account and what r the restriction or any hidden cost ??
  #1271  
Old 03-06-2009, 10:17 AM
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coolmanks coolmanks is offline
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Re: Chinese RMB rates..

No need me to sabo, everyone here know you are cashking and the amt u tips at the footie. hahah

Quote:
Originally Posted by adidas88 View Post
dun sabo me lar .... me never tips footie so much lar ...
just little bit onli ...

this month ... wanna join us ??

Now kenna home "quarantine". If the flu situation improves, will pm u.

Quote:
Originally Posted by adidas88 View Post

yes .. have been contemplating on doing this ...
but whenever i'm in CP ... cannot find time to do it leh ...

what do i need to have a china bank account and what r the restriction or any hidden cost ??

No hidden cost. Document needed is passport and a photo copy of it. Can use everywhere in China. No limit on expenditure unlike our Nets. In another word if you have sufficent balance, can use to settle a 200K RMB bill if you have a big group playing golf at Kunming. No extra charge for these.

Cash withdrawal at ATM same town no charge. But there is a charge of 0.5% if you withdraw cash in another city. Daily limt 10K only. You may need more than ONE card?

For CP, construction bank is best. For you (CASHKING)no need to queue. Just walk into the VIP section and the staff will do everything for u.

In Singapore can check balance at any DBS ATM. (No charge), Can also withdraw cash but FX losses and there are charges.
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  #1272  
Old 03-06-2009, 12:09 PM
Enoki Enoki is offline
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Re: Chinese RMB rates..

AMK Hub today

Buy : 20.80
Sell : 465.00
  #1273  
Old 03-06-2009, 12:10 PM
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adidas88 adidas88 is offline
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Re: Chinese RMB rates..

Quote:
Originally Posted by coolmanks View Post
Now kenna home "quarantine". If the flu situation improves, will pm u.
u kenna home quarantine becoz u must have been a bad boy ...

Quote:
Originally Posted by coolmanks View Post
No hidden cost. Document needed is passport and a photo copy of it. Can use everywhere in China. No limit on expenditure unlike our Nets. In another word if you have sufficent balance, can use to settle a 200K RMB bill if you have a big group playing golf at Kunming. No extra charge for these.

Cash withdrawal at ATM same town no charge. But there is a charge of 0.5% if you withdraw cash in another city. Daily limt 10K only. You may need more than ONE card?

For CP, construction bank is best. For you (CASHKING)no need to queue. Just walk into the VIP section and the staff will do everything for u.
thanks for the details information ... liddat, must get it done when i'm in CP 3 wks later ...
do i deposit rmb at the bank or S$ when i open the account ??

Quote:
Originally Posted by coolmanks View Post
In Singapore can check balance at any DBS ATM. (No charge), Can also withdraw cash but FX losses and there are charges.
liddat can i withdraw rmb from dbs atm in sillypore ???
  #1274  
Old 03-06-2009, 12:22 PM
murali murali is offline
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Re: Chinese RMB rates..

Quote:
Originally Posted by adidas88 View Post
thanks for the details information ... liddat, must get it done when i'm in CP 3 wks later ...
do i deposit rmb at the bank or S$ when i open the account ??
u deposit RMB when u r there lor
Quote:
Originally Posted by adidas88 View Post
liddat can i withdraw rmb from dbs atm in sillypore ???
since u r the CASH KING so u can also do that in sinkapore also lor
  #1275  
Old 03-06-2009, 04:18 PM
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Re: Chinese RMB rates..

When u open acc , you must deposit a small amount of RMB.

In Singapore ATM, withdraw SGD of course, that why not advisable.

Quote:
Originally Posted by adidas88 View Post

thanks for the details information ... liddat, must get it done when i'm in CP 3 wks later ...
do i deposit rmb at the bank or S$ when i open the account ??


liddat can i withdraw rmb from dbs atm in sillypore ???
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