Chinese RMB rates.. - Page 363

TonyCheong2 · #**5431** 31-12-2016, 01:21 PM

Quote:

Originally Posted by binbin81

Better change now before it gets worse

Quote:

Originally Posted by wittyman

bro really, SGD going weaker ?

From the looks of it SGD/CNY will reach 4.7X by Q1 2017.

FatMan · #**5432** 06-01-2017, 07:23 AM

Jurong Point 05/Jan/17 9pm $100 = RMB$481.00 TT RMB$488.00

TonyCheong2 · #**5433** 06-01-2017, 06:35 PM

Quote:

Originally Posted by FatMan

Jurong Point 05/Jan/17 9pm $100 = RMB$481.00 TT RMB$488.00

Ever since the start of 2017 RMB rate getting lousier.

If got 4.85 - 4.9 better stock some up.

binbin81 · #**5434** 06-01-2017, 11:12 PM

Quote:

Originally Posted by wittyman

bro really, SGD going weaker ?

From the outlook, yes it will worsen. Lot of people's have switch to JB as alternatives,I am looking at it too. But it's best to stock up

wittyman · #**5435** 07-01-2017, 10:27 AM

Quote:

Originally Posted by binbin81

From the outlook, yes it will worsen. Lot of people's have switch to JB as alternatives,I am looking at it too. But it's best to stock up

yesterday check chinatown, exchange rate 4.80 and TT rate @hanshen 4.923. The gap so big ...

i jokingly asked one hanshen people why that happen, and he told me it id those money dealer who just want to make more profit during the uncertain times, and 2017 rate outlook really not good

Belt · #**5436** 07-01-2017, 12:36 PM

Quote:

Originally Posted by TonyCheong2

Ever since the start of 2017 RMB rate getting lousier.

If got 4.85 - 4.9 better stock some up.

looks like the MAS will keep SGD in the weak position for some time

TonyCheong2 · #**5437** 07-01-2017, 05:12 PM

Quote:

Originally Posted by Belt

looks like the MAS will keep SGD in the weak position for some time

Singapore narrowly brushed off a technical recession.

Weaker SGD is still needed to boost exports.

wittyman · #**5438** 16-01-2017, 03:53 PM

weekend PPC exchange rate 4.83 best ...

reading · #**5439** 19-01-2017, 06:06 PM

Quote:

Originally Posted by wittyman

weekend PPC exchange rate 4.83 best ...

yesterday evening @PPC 4.81

Belt · #**5440** 20-01-2017, 12:43 PM

PPC exchange rate only 4.80 ... TT rate 4.867

genius · #**5441** 20-01-2017, 01:37 PM

Quote:

Originally Posted by Belt

PPC exchange rate only 4.80 ... TT rate 4.867

TT rate is usually higher as there is a Service Charge incurred..

binbin81 · #**5442** 21-01-2017, 10:31 AM

Quote:

Originally Posted by Belt

PPC exchange rate only 4.80 ... TT rate 4.867

Unless you remit lot of money to offset that 18 sgd TT charges.otherwise stick to cash transactions

datou · #**5443** 21-01-2017, 11:40 AM

Quote:

Originally Posted by binbin81

Unless you remit lot of money to offset that 18 sgd TT charges.otherwise stick to cash transactions

Difference is abt 6rmb per 100sgd remit.
So remit 1500sgd is 90rmb (abt 18sgd) diff to just nice to offset tt charge.
Good idea.

wittyman · #**5444** 21-01-2017, 03:51 PM

Quote:

Originally Posted by datou

Difference is abt 6rmb per 100sgd remit.
So remit 1500sgd is 90rmb (abt 18sgd) diff to just nice to offset tt charge.
Good idea.

yes bro, for above SGD2k TT has better rate, provided you have a banking account in China

datou · #**5445** 21-01-2017, 07:42 PM

Quote:

Originally Posted by wittyman

yes bro, for above SGD2k TT has better rate, provided you have a banking account in China

I hv several accts, bro. Cause i live there.
I see no point to keep Sgd, bank interest so low.
China at least hv 3% FD.