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  #5431  
Old 31-12-2016, 01:21 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by binbin81 View Post
Better change now before it gets worse
Quote:
Originally Posted by wittyman View Post
bro really, SGD going weaker ?
From the looks of it SGD/CNY will reach 4.7X by Q1 2017.
  #5432  
Old 06-01-2017, 07:23 AM
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Re: Chinese RMB rates..

Jurong Point 05/Jan/17 9pm $100 = RMB$481.00 TT RMB$488.00
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  #5433  
Old 06-01-2017, 06:35 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by FatMan View Post
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.
  #5434  
Old 06-01-2017, 11:12 PM
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Re: Chinese RMB rates..

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Originally Posted by wittyman View Post
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
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  #5435  
Old 07-01-2017, 10:27 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by binbin81 View Post
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
  #5436  
Old 07-01-2017, 12:36 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by TonyCheong2 View Post
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
  #5437  
Old 07-01-2017, 05:12 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by Belt View Post
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.
  #5438  
Old 16-01-2017, 03:53 PM
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Re: Chinese RMB rates..

weekend PPC exchange rate 4.83 best ...
  #5439  
Old 19-01-2017, 06:06 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by wittyman View Post
weekend PPC exchange rate 4.83 best ...
yesterday evening @PPC 4.81
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  #5440  
Old 20-01-2017, 12:43 PM
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Re: Chinese RMB rates..

PPC exchange rate only 4.80 ... TT rate 4.867
  #5441  
Old 20-01-2017, 01:37 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by Belt View Post
PPC exchange rate only 4.80 ... TT rate 4.867
TT rate is usually higher as there is a Service Charge incurred..
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  #5442  
Old 21-01-2017, 10:31 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by Belt View Post
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
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  #5443  
Old 21-01-2017, 11:40 AM
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Re: Chinese RMB rates..

Quote:
Originally Posted by binbin81 View Post
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.
  #5444  
Old 21-01-2017, 03:51 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by datou View Post
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
  #5445  
Old 21-01-2017, 07:42 PM
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Re: Chinese RMB rates..

Quote:
Originally Posted by wittyman View Post
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.
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