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Re: Chinese RMB rates..
I am sure it will. And I think it will be soon. Going to motherland next week.
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Re: Chinese RMB rates..
Damn.. got No money that time, RMB rate 5.2x... Now got Money to change.. RMB rate is 4.8x..
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sigh.. wif the current xchg rate, need to do 'distribution investment' liao... :(
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well, my way of 'distribution investment' is most stupid way of doin it. early last yr, the rate was quite low, think somewhere ard 4.75 if i rem correctly. when it wen up to 4.85, i start to chg wif sgd 500 - 1k, till it goes up to 4.95 then i stop, cos my resource depleted. :o the only thing i sort of benefited frm my way is, it hlps me savin $$$ :p cos everytime i chg my sgd into rmb, i will less sgd 500 - 1k frm my bank a/c for oth things, & i wun chg it bk to sgd, knowin tat i will lose even more. ;) |
Re: Chinese RMB rates..
i was around Suntec and Cityhall this morning, money changer rate is 4.90
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money is king at that time and buying cheap stocks benefits more than rmb ... |
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why buy rmb at that time when u can benefit more from cheap stocks ?? |
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for those who needs to change RMB just have to take note and time their exchange for RMB to get the best bang for their SGD buck. nowadays the exchange rate can change alot day to day due to the volatile stock market. |
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m a financial idiot... :o but managed to learn some financial stuffs frm tis thread. cool...
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