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#2296
22-09-2010, 03:54 PM
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Re: Chinese RMB rates..
RP, the changer at the corner nearest to main road and Delifrance is 4.995, yesterday was 5.0
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__________________
Anyone wants some humble 18? Only contributor will be given... 
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#2297
22-09-2010, 08:27 PM
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Re: Chinese RMB rates..
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Hit 5 liao SMS me la, later drop you my number..  I straight away go down..  hahahah.
__________________
Why so green and lonely?  (Thank you very much)
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#2298
22-09-2010, 08:44 PM
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Re: Chinese RMB rates..
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even if u changed S$20,000 to rmb ... it's only 200rmb different .. not even enough for u to give ktv meimei tips ...
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#2299
22-09-2010, 08:49 PM
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Re: Chinese RMB rates..
J8 $ changer also 4.99
F**K those Yankees!! Long Live China!! China central bank adviser says no to yuan pressure Posted: 20 September 2010 0550 hrs on Channelnewsasia.com BEIJING : An adviser to China's central bank said Sunday that unlike Japan in the 1980s, Beijing would not cave in to foreign pressure to let its exchange rate appreciate, a financial news website said. Li Daokui's comments come after US Treasury Secretary Timothy Geithner called for Beijing to address trade distortions by letting the yuan strengthen. "China as it stands now is not Japan in 1985, it is not a country that completely relies on external demand," he said at the China CEO Forum taking place in Beijing, in a speech transcribed on finance.qq.com. "We will not appreciate the yuan solely because of external pressure." Li appeared to refer to the 1985 Plaza Accord, where Japan agreed to let its yen currency appreciate against the dollar. China pledged in June to loosen its grip on its currency, but Geithner said Thursday that despite the move, the yuan's value was "essentially" unchanged in the past two years because of "very substantial" intervention by authorities. Since June the yuan has appreciated about 1.6 per cent against the greenback and gained about 0.7 per cent this week ahead of Geithner's testimony to Congress. Critics accuse Beijing of keeping its currency and thereby its exports artificially cheap, which it denies. Li said this kind of pressure would not abate in the coming decade. "Protectionism against China and India will continue to increase and pressure on the RMB currency will also continue," he said, according to the transcript. - AFP
__________________
I'm Cerberus, guardian of the portal to the death realm. Up List - mazda0116;metalsp2;fb0407;michaelwinn;HSB2k;
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#2300
22-09-2010, 10:16 PM
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Re: Chinese RMB rates..
Actually S$ is getting stronger since this morning. Now that US/SGD is trading at 1.3250 and with RMB at around 6.70, you should not have a problem getting 5 lah.
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無業游民
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#2301
22-09-2010, 10:20 PM
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Re: Chinese RMB rates..
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I know you CK ma.. me very very poor one.. Quote:
Hope to see you there in November bro! Learnt a lot from you.. hehe
__________________
Why so green and lonely? (Thank you very much)
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#2302
22-09-2010, 10:21 PM
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Re: Chinese RMB rates..
Quote:
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#2303
23-09-2010, 09:26 AM
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Re: Chinese RMB rates..
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Looks wat happen to japan......zero growth for donkey years.... Tat's wat the Yankee wanted to China to go the same path..... China unlike Japan got nothing been held by US. They would certainly resist that pressure .... Fxxxxxg Amercian......
__________________
Money is the most envied but least enjoyed. Health is the most enjoyed but least envied.
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#2304
23-09-2010, 10:06 AM
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Re: Chinese RMB rates..
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who would have believe this is happening 20 yrs ago ... China do not need external factor for growth .. looks what happen to the recent world crisis ... everywhere is zero growth except china ... 中国万岁
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#2305
23-09-2010, 10:51 PM
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Re: Chinese RMB rates..
Hope it will be SGD1 - RMB5 for sometime.
China is such an interesting place to explore. Originally, wanted to go Europe next year. But decided to explore various parts of China instead. Make my $ more worthwhile.
__________________
I'm Cerberus, guardian of the portal to the death realm. Up List - mazda0116;metalsp2;fb0407;michaelwinn;HSB2k;
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#2306
24-09-2010, 06:47 AM
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Re: Chinese RMB rates..
Quote:
__________________
Money is the most envied but least enjoyed. Health is the most enjoyed but least envied.
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#2307
24-09-2010, 01:11 PM
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Re: Chinese RMB rates..
Hi Guys,
Was at PPC just now change RMB. The rate is 498.5. The counter i change is beside the escalator from the main door. Regards
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#2309
27-09-2010, 07:45 AM
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Re: Chinese RMB rates..
Hi,
Yesterday (Sunday, 26/9) went to PPC to check on the RMB rate. Notice that alot money changer quote the rate at 4.99. Luckily, able to found 1 counter offer at 4.995. Hope that this week will pass 5. On the other hand, worry as the China National Day ard the corner. Do not know weather will it goes up or instead will be down. Regards.
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#2310
27-09-2010, 12:21 PM
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Re: Chinese RMB rates..
SGD/CNY(CCY: SGDCNY=X)
Last Trade: 5.0675 Trade Time: 12:18AM EDT Change: 0.0048 (0.0946%) Bid: 5.0618 |Ask: 5.0731 Prev Close: 5.0722 | Open: 5.0707 Day's Range: 5.0660 - 5.0751 We will see 5.00~5.02 this week. Get your SGD ready.
__________________
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