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-   -   Chinese RMB rates.. (https://samleong.work/showthread.php?t=92972)

Ahh_Boi 21-11-2011 08:22 PM

Re: Chinese RMB rates..
 
JP also @ 4.85..... :o:(

Squareheader 22-11-2011 12:05 AM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by Nato17 (Post 6577358)
Dude. I do close to about 100k in transaction in RMB per time. Let me put it to you this way; back in July when it was 5.30 then, if I changed 100k SGD, that would give me 530k RMB. Today that would be 490k. 40K RMB. That in a span of how long???? Less than 3 months. For 40k RMB, I can bao a woman for how long????


Enuff said.

Well based on what i have said, i really wonder how much are you guys exchanging all the time? Since if you are exchanging such an huge amount then it is important and i understands.

godzillavspec 22-11-2011 07:35 AM

Re: Chinese RMB rates..
 
487 at PP yesterday since changing few k.

香香很烦 22-11-2011 03:19 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by godzillavspec (Post 6591453)
487 at PP yesterday since changing few k.

Headache... When is it gonna hit 5 again man....:mad:

adidas88 22-11-2011 03:43 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by 香香很烦 (Post 6592822)
headache... When is it gonna hit 5 again man....:mad:

tkk 就有 .... :d :d

genius 22-11-2011 04:41 PM

Re: Chinese RMB rates..
 
Today, 3:00pm @ Arcade S$1.00 : 4.865 RMB

meckyjunior 22-11-2011 04:49 PM

Re: Chinese RMB rates..
 
Anyone wants to buy RMB PM me cos I bought some RMB previously n want to sell. Quote me your rate and how much RMB u need. Will get back to u asap.w

Dogmai 22-11-2011 05:12 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by genius (Post 6593132)
Today, 3:00pm @ Arcade S$1.00 : 4.865 RMB

Thanks for the latest update bro genius, think cannot hold anymore, going arcade or ppc to change later.

adidas88 22-11-2011 05:19 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by Dogmai (Post 6593205)
Thanks for the latest update bro genius, think cannot hold anymore, going arcade or ppc to change later.

S$ will get weaken as our garment have predicted a slow or negative growth in 2012 .... thus MAS will depreciate S$ to make exports competitive for our economy to stay viable ....

Dogmai 22-11-2011 06:14 PM

Re: Chinese RMB rates..
 
At 6:10pm, PPC Sgd 1 : Rmb 4.87.

Mai tu liao, changed before sgd further weaken

香香很烦 23-11-2011 01:17 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by adidas88 (Post 6593247)
S$ will get weaken as our garment have predicted a slow or negative growth in 2012 .... thus MAS will depreciate S$ to make exports competitive for our economy to stay viable ....

Think bout it, august... One of my taikor's birthday.... Change at 5.28....
Biangz... Now lose almost 400rmb per 1k sing I change... Sibei sian..........:(

decent02 23-11-2011 04:42 PM

Re: Chinese RMB rates..
 
Wah Piang...just realized from this thread that RMB so strong
I gonna china in Dec...hope can change at 5 times plus

lans 23-11-2011 09:30 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by decent02 (Post 6596944)
Wah Piang...just realized from this thread that RMB so strong
I gonna china in Dec...hope can change at 5 times plus

bro rmb not going strong, all rmb and usd ratio not change just SGD going south very fast now, it is all in mas hand :eek:, also need to change but waiting for Dec. sometime now ... :cool:

BoinKING 24-11-2011 01:57 AM

Re: Chinese RMB rates..
 
TT from ICBC 4.85
won't see 5 in a while..

If hit 4.9X just change liao.
Thats the best you're gonna get.

I won't be suprize if it drops to 4.8/4.7X in the future when the yuan have to strengthen.

NorthEast 24-11-2011 02:38 AM

Re: Chinese RMB rates..
 
Yes, SGD going down. The exchange rates from HKD = RMB has been very stable for many months.. It's HKD 100.00 = RMB 81.20

ShaPoLang 25-11-2011 01:02 AM

Re: Chinese RMB rates..
 
Rate @ ppc at 1700 hrs, 24/11/11

1SGD = 4.85RMB

babyckh 25-11-2011 09:10 PM

Re: Chinese RMB rates..
 
change at PPC this morning at 1030am.

1SGD = 4.83rmb.

香香很烦 26-11-2011 04:54 AM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by babyckh (Post 6604840)
change at PPC this morning at 1030am.

1SGD = 4.83rmb.

Siao Liao man... Really going down real hard...

adidas88 26-11-2011 11:56 AM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by 香香很烦 (Post 6605690)
Siao Liao man... Really going down real hard...

bro .. it ain't hard yet ....
wait till u see 4.5 ... :( :(

Joshzzz 26-11-2011 12:18 PM

Re: Chinese RMB rates..
 
It took a while to happen but the truth has finally been revealed.

Lovely how they make you think SGD is so nice and strong and economy so good when its sElection time.

Then they wait a while to let the dust settle after the big event, before dropping the bomb on you that one must be prepared for the worst.

And of course, they can finally let the SGD go back to realistic levels.
I think we all knew that those peaks were unnatural.

PS. Put some money in Chinese Fixed D accounts. Earn good interest and probably a favorable exchange rate in a year or two.


Quote:

Originally Posted by Joshzzz (Post 5915342)
I think regardless of GE 2011 results, the SGD will slowly weaken again. They have probably been pushing it up all this time. After GE over, no more need to keep supporting it at peak levels. *Speculation only*


genius 26-11-2011 12:41 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by adidas88 (Post 6606520)
bro .. it ain't hard yet ....
wait till u see 4.5 ... :( :(

Like that die lar... still looking forward to retire in PRC.. :p

adidas88 26-11-2011 12:41 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by Joshzzz (Post 6606571)
PS. Put some money in Chinese Fixed D accounts. Earn good interest and probably a favorable exchange rate in a year or two.

cannot agree less .... believe the rmb will appreciate against S$ in the near future ...

Quote:

Originally Posted by genius (Post 6606640)
Like that die lar... still looking forward to retire in PRC..

then start buying rmb with ur S$ now lar ... :)
dun keep S$ in ur bank ... its' depreciating ....

genius 26-11-2011 01:05 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by adidas88 (Post 6606641)
cannot agree less .... believe the rmb will appreciate against S$ in the near future ...

then start buying rmb with ur S$ now lar ... :)
dun keep S$ in ur bank ... its' depreciating ....

I am not CK lar.... don't have so much S$ lar..:o

Joshzzz 26-11-2011 01:16 PM

Re: Chinese RMB rates..
 
Bros Genius and Adidas88,

The worst part is that since we are staying in PRC for years, we will have to keep taking the SGD depreciation hit. (unless you get paid in RMB la! :))

My only option is to hedge against it by balancing back with RMB FDs so that we effectively have a Spread. (both with ladies legs and with dollars) :D

heartkorr 26-11-2011 01:47 PM

Re: Chinese RMB rates..
 
TT rate as of now is 4.86 @ PPC, just called to ask :)

香香很烦 26-11-2011 01:50 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by adidas88 (Post 6606641)
then start buying rmb with ur S$ now lar ... :)
dun keep S$ in ur bank ... its' depreciating ....

Sigh... Should have kept all the rmb when I bought at 5.17 in early sept...
How's ur trip so far? :D

smartke 26-11-2011 02:19 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by 香香很烦 (Post 6606887)
Sigh... Should have kept all the rmb when I bought at 5.17 in early sept...
How's ur trip so far? :D

keep all ur rmb when u bot in sept? how to? issit possible for u? :D

actually hor.. U shld say: "shld all ALL-IN my sgd when i bot my rmb in sept"... :D:p

香香很烦 26-11-2011 02:21 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by smartke (Post 6606969)
keep all ur rmb when u bot in sept? how to? issit possible for u? :D

actually hor.. U shld say: "shld all ALL-IN my sgd when i bot my rmb in sept"...

Yips...i did went almost all in... And after that all out... But in the end still go back china so often... Sigh...

smartke 26-11-2011 02:31 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by 香香很烦 (Post 6606976)
Yips...i did went almost all in... And after that all out... But in the end still go back china so often... Sigh...

if u din keep any rmb & still can go bk china so often, meanin, u did not ALL-IN, not even 'almost' lor... lol... :D:p

anyway, take a step bk & relax la... to me, cp only a virtual world. once left the plc, its all bk to reality & woke up frm sweet & wet dreams... :D:(

香香很烦 26-11-2011 03:58 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by smartke (Post 6607010)
if u din keep any rmb & still can go bk china so often, meanin, u did not ALL-IN, not even 'almost' lor... lol... :D:p

anyway, take a step bk & relax la... to me, cp only a virtual world. once left the plc, its all bk to reality & woke up frm sweet & wet dreams... (

True true... Must sell more tissues now...:D


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