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

break78 09-10-2008 11:35 AM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by Taurus68 (Post 3129562)
For the benefit of all bros, yeaterday I had changed RMB at the rate of 4.65 at The Arcade, Raffles Place, either ground floor or first floor. However, there is one counter the exchange for RMB is 4.66 but damn long queue. Hope the above info help. Cheers...:D

Wah lau.. you change so early meh?

jon2000sg 09-10-2008 11:41 AM

Re: Chinese RMB rates..
 
unbelievable !

RMB up much ? rate is now 4.65 ???

used to be 5.1 - 4.7 ???

HK dollar now 5.3

Macau MOP 5.46 ??? wow?


the times there is a changing ?

adidas88 09-10-2008 11:45 AM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by jon2000sg (Post 3131924)
unbelievable !

RMB up much ? rate is now 4.65 ???

used to be 5.1 - 4.7 ???

HK dollar now 5.3

Macau MOP 5.46 ??? wow?


the times there is a changing ?

SING $ is weakening against all currencies at this moment ...
Bad timing .... :mad:

TD.king 09-10-2008 01:07 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by adidas88 (Post 3131938)
SING $ is weakening against all currencies at this moment ...
Bad timing .... :mad:

SING $ is weak but AUST $ is even worst, Pounds also jilat . Its time to buy Aust $ and keep.

Taurus68 09-10-2008 01:08 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by break78 (Post 3131904)
Wah lau.. you change so early meh?

Bo pian cos need to change to RMB and return the money back to my friend when he loan to me during my last trip in CP after I was being pick pocketed and lost some money and a few credit cards. Haiz...:(

adidas88 09-10-2008 03:21 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by break78 (Post 3131904)
Wah lau.. you change so early meh?

at least he get better rate at 4.65 ..

today me change at 4.60 ... :mad:

bonk88 09-10-2008 06:08 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by adidas88 (Post 3132503)
at least he get better rate at 4.65 ..

today me change at 4.60 ... :mad:

so i am lucky guy, got 4.75....:p

adidas88 09-10-2008 06:16 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by bonk88 (Post 3133044)
so i am lucky guy, got 4.75....:p

KNN .. u get 4.75 today har ??

:D 2 more days to paradise :D

XR29 09-10-2008 08:25 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by bonk88 (Post 3133044)
so i am lucky guy, got 4.75....:p

Bro,

When u change, still can get 4.75? :confused:

adidas88 09-10-2008 09:12 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by XR29 (Post 3133307)
Bro,

When u change, still can get 4.75? :confused:

he's probably talking abt last mth or the other last month ...
u neber see me KNN him meh ...
he deserve it ... cum here and talk nonsense ...
i also get 5.01 rate but that was in march ....
TMD ... must KNN him otherwise not shiok ....:D :D

2 more days to paradise

XR29 09-10-2008 09:23 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by adidas88 (Post 3133420)
he's probably talking abt last mth or the other last month ...
u neber see me KNN him meh ...
he deserve it ... cum here and talk nonsense ...
i also get 5.01 rate but that was in march ....
TMD ... must KNN him otherwise not shiok ....:D :D

2 more days to paradise

I also think this way...Regardless of 5.01 or 4.75...U still need to change sa as to enter yr paradize in 2 days time....:D

adidas88 09-10-2008 10:21 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by XR29 (Post 3133456)
I also think this way...Regardless of 5.01 or 4.75...U still need to change sa as to enter yr paradize in 2 days time....:D

precisely ... when u have to go, u have to go ... :D
was hoping the rate would have improve but it did not happen ...:(

2 moredays to paradise

cuppam1982 09-10-2008 11:52 PM

Re: Chinese RMB rates..
 
i also not sure if i am luck or not, i going in nov, hopr everything can g out a bt then ok liao bu i donthink so.
based on understand, mas allow the appreiation of the currency to slow down the phase. thus it weaken till very much, this move will allow the singapore to become more competitive or remains the same level as the rest
not sure it a gd move or not

cuppam1982 09-10-2008 11:52 PM

Re: Chinese RMB rates..
 
i also not sure if i am luck or not, i going in nov, hopr everything can g out a bt then ok liao bu i donthink so.
based on understand, mas allow the appreiation of the currency to slow down the phase. thus it weaken till very much, this move will allow the singapore to become more competitive or remains the same level as the rest
not sure it a gd move or not

~iOOi~ 10-10-2008 12:38 AM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by cuppam1982 (Post 3133807)
i also not sure if i am luck or not, i going in nov, hopr everything can g out a bt then ok liao bu i donthink so.
based on understand, mas allow the appreiation of the currency to slow down the phase. thus it weaken till very much, this move will allow the singapore to become more competitive or remains the same level as the rest
not sure it a gd move or not

Not good move as inflation will make things more expensive to buy.

mebirdie 10-10-2008 12:33 PM

Re: Chinese RMB rates..
 
After Singapore declare recession, the rate is even worst. Now below $4.6:(

petrolheadsg 10-10-2008 01:37 PM

Re: Chinese RMB rates..
 
yay...I kenna screwed today :-)

Unfortunately not in the way I would like haha

Rate is below 4.6 even at chinatown/pple park

Everywhere else run out of rmb

Incidentally there was this woman at the money changer that wanted to exchange RMB...offered to give her better rate but she reluctant...haiz

oh well have to go to paradise and get my wounds licked and get comfort. You know where it hurts most :-)

bonk88 10-10-2008 02:51 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by adidas88 (Post 3133061)
KNN .. u get 4.75 today har ??

Quote:

Originally Posted by XR29 (Post 3133307)
Bro,When u change, still can get 4.75?

Quote:

Originally Posted by adidas88 (Post 3133420)
he's probably talking abt last mth or the other last month ...
u neber see me KNN him meh ...
he deserve it ... cum here and talk nonsense ...
i also get 5.01 rate but that was in march ....
TMD ... must KNN him otherwise not shiok ....

U kNN....:mad:I got it form my client at holland V. Didnt reply this post cos didnt log in last nite and busy with work also.....:mad:

Quote:

Originally Posted by XR29 (Post 3133456)
I also think this way...Regardless of 5.01 or 4.75...U still need to change sa as to enter yr paradize in 2 days time....:D

Yes, u r rite, as i said, is from my client, so he give me a better rate, and just earn my com very litter only... cos is my client...

adidas88 10-10-2008 02:57 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by bonk88 (Post 3135390)
U kNN....:mad:I got it form my client at holland V. Didnt reply this post cos didnt log in last nite and busy with work also.....

say so lar ... write a few words and expect everyone to know what u mean har ?? really must KNN u otherwise not shiok .... TMD ... :D

:D 1 more day to paradise :D

adidas88 10-10-2008 06:48 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by adidas88 (Post 3121132)
dun think that will affect SG currency rate ....
if i'm not mistaken, MAS deliberately weaken SG dollar to become competitive ...

Quote:

Originally Posted by cuppam1982 (Post 3121263)
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

The truth is out .....

By ALEX KENNEDY,Associated Press Writer AP - Friday, October 10...

The central bank, known as the Monetary Authority of Singapore, said in a statement Friday it shifted it's foreign exchange policy to a "zero percent appreciation" of the Singapore dollar from a "modest and gradual appreciation" in a bid to boost the competitiveness of the country's exports.

Tony Stark 11-10-2008 04:10 AM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by adidas88 (Post 3135907)
The truth is out .....

By ALEX KENNEDY,Associated Press Writer AP - Friday, October 10...

The central bank, known as the Monetary Authority of Singapore, said in a statement Friday it shifted it's foreign exchange policy to a "zero percent appreciation" of the Singapore dollar from a "modest and gradual appreciation" in a bid to boost the competitiveness of the country's exports.

Asia faces 'rough ride,' Singapore's leader says - Yahoo! Singapore News

I've been waiting for this. It's time to pick up bargain deals ranging from shares, cars, properties, rentals, etc. :)

CASH IS KING.

adidas88 11-10-2008 10:01 AM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by Tony Stark (Post 3136905)
Asia faces 'rough ride,' Singapore's leader says - Yahoo! Singapore News

I've been waiting for this. It's time to pick up bargain deals ranging from shares, cars, properties, rentals, etc. :)

CASH IS KING.

that's why i said "liquid asset is always the best" ...
becoz u get to buy when others need to sell ....

properties r for living hood and long term investment ....
it's a lifetime commitment ...

Tony Stark 11-10-2008 03:32 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by adidas88 (Post 3137276)
that's why i said "liquid asset is always the best" ...
becoz u get to buy when others need to sell ....

properties r for living hood and long term investment ....
it's a lifetime commitment ...

Great advice. Such mindset never goes wrong.

Ahh Fatt 13-10-2008 12:26 PM

Re: Chinese RMB rates..
 
ytd, change at Boon Lay, rate : 4.54 :mad:
last wkn was at 4.70, din change ......:mad::mad:

Ahh Fatt 13-10-2008 12:42 PM

Re: Chinese RMB rates..
 
latest update from Mebirdie....
He is at Change Alley now, reported most are at 4.54 but 1 is offering 4.56.
He is Q'ing and chnaging $ for me now...kekeke TQ bro. :D

stephan 13-10-2008 12:47 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by Ahh Fatt (Post 3143277)
latest update from Mebirdie....
He is at Change Alley now, reported most are at 4.54 but 1 is offering 4.56.
He is Q'ing and chnaging $ for me now...kekeke TQ bro. :D

no wonder he is not at home, intend to jio him for lunch.... :cool:

cpcheongster 13-10-2008 01:17 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by Ahh Fatt (Post 3143277)
latest update from Mebirdie....
He is at Change Alley now, reported most are at 4.54 but 1 is offering 4.56.
He is Q'ing and chnaging $ for me now...kekeke TQ bro. :D



at this rate rmb is moving, sooner or later MAS will devalue sgd to 1sgd to 4rmb?

huanggua 14-10-2008 03:56 PM

Re: Chinese RMB rates..
 
This morning managed to obtain 4.565. D guy before me bought rmb 320K.

cpcheongster 14-10-2008 11:15 PM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by huanggua (Post 3146413)
This morning managed to obtain 4.565. D guy before me bought rmb 320K.



:eek:the money changer has so much rmb to sell? 320k??? tat is around 70k sgd?

he might as well get from the bank or even remit?

i thought sg govt by law, u have to declare if exiting sg with a large sum of cash?

Happykiwi 15-10-2008 04:22 AM

Re: Chinese RMB rates..
 
Quote:

Originally Posted by petrolheadsg (Post 3135240)
yay...I kenna screwed today :-)

Unfortunately not in the way I would like haha

Rate is below 4.6 even at chinatown/pple park

Everywhere else run out of rmb

Incidentally there was this woman at the money changer that wanted to exchange RMB...offered to give her better rate but she reluctant...haiz

oh well have to go to paradise and get my wounds licked and get comfort. You know where it hurts most :-)

When the exchange rate drops, your little head aches, izzit? :rolleyes: Quick, go GL Lorong 25 and ask for instant accupressure relief lorr.....:D


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