Chinese RMB rates..

[coolmanks]

" RMB start to weaken "

Thought we all want a weaker RMB, mean 1SGD= more RMB or a higher SGD/RMB

Originally Posted by bonk88

like dat what if bro XR29 back to sin how ???were it be worst???
Bro xr29, pls dun come back to sin ok???stay there with ur kc...hahaha

When u was in China, the rate was around4.40/4.45 only, hence RMB did weaken slightly after u back.

In fact someone has posted last night it was as high as 4.58, till you posted that u not spending in SGP. See u really the (Cash)king, mere words move the market even Pualson cannot....

Originally Posted by adidas88

u sure or not ??
just checked with money changer at 1345hrs ..
$1 = 4.50rmb .(

[murali]

it's 4.5682 on yahoo now

[XR29]

So u need to spend more in SG to bring the economy up mah.....

Originally Posted by adidas88

u sure or not ??
just checked with money changer at 1345hrs ..
$1 = 4.50rmb ....

[XR29]

Knn, cash king...Dun get me involve hor.....hahaha..

Originally Posted by adidas88

ya hor .... when i cum back, me really good boy and healthy living one hor ...

rmb is softening becoz bro XR29 is still in PRC spending and buying ...

[adidas88]

Originally Posted by XR29

Knn, cash king...Dun get me involve hor.....hahaha..

aiyah ... we bro bro ... how can i leave u behind ...

[murali]

Originally Posted by XR29

Knn, cash king...Dun get me involve hor.....hahaha..

ya lor, only both of u can move the money market wif you 2s influence mah

[Chinacharm]

Originally Posted by adidas88

u sure or not ??
just checked with money changer at 1345hrs ..
$1 = 4.50rmb ....

which money changer. Most money change quoting 4.35-4.4 though the real foreign exchange is around 4.56-4.58.

Just 6 months ago I changed in Shenzhen luohu at 4.85. Any Bro know the current rate in shenzhen or Hongkong. Or anyone tried visa / mastercard to pay. I believe will be a better rate.

[jackytheman]

"Chances are that u will even less spending power in China
Chances are that u will be exposed as a real cheapskate trying to howlian in China
I can throw RMB5k within 2 days, can u?
Zhuhai has no place for cheapskates like u
They welcome only generous and rich Singaporeans especially so when we are also successful in our careers and have real spending power"

well bro. adidas RMB5k in two days is nothing right? We have tried RMB13k in one night right? ....ha ha.

[adidas88]

Originally Posted by jackytheman

well bro. adidas RMB5k in two days is nothing right? We have tried RMB13k in one night right? ....ha ha.

bro jacky ... we r suppose not to talk abt it or let anyone know ...

13K rmb in one night ???... ..... i thought it was 16K rmb ...
u must have forgotten the mommy tips .....

[XR29]

Look who is talking.....THE CASH KING..........

Originally Posted by adidas88

13K rmb in one night ??? i thought it was 16K rmb ...
u must have forgotten the mommy tips .....

[adidas88]

Originally Posted by XR29

Look who is talking.....THE CASH KING..........

if i am CASH KING ... then bro jacky is CASH GOD .....

[mebirdie]

Originally Posted by adidas88

if i am CASH KING ... then bro jacky is CASH GOD .....

The pot calling the kettle black.

[bonk88]

Originally Posted by XR29

Knn, cash king...Dun get me involve hor.....hahaha..

Originally Posted by adidas88

aiyah ... we bro bro ... how can i leave u behind ...

Originally Posted by jackytheman

"[B]
well bro. adidas RMB5k in two days is nothing right? We have tried RMB13k in one night right? ....ha ha.

ｗｅ　ｈａｖｅ　４　ｃａｓｈ　　ｋｉｎｇ，　ｎｏｗ　ａｄｄ　ｘｒ２９　ａｎｄ　ｊａｃｋｙｔｈｅｍａｎ ，　ｓｏ　ｇｏｔ　６　ｃａｓｈ　ｋｉｎｇ　ｌｉａｏ．．．ｈａｈａｈｈａ

Originally Posted by mebirdie

The pot calling the kettle black.

Originally Posted by murali

ya lor, only both of u can move the money market wif you 2s influence mah

ｃａｎｔ　ａｇｒｅｅ　ｗｉｔｈ　ｕ　ｍｏｒｅ．．．ｔｈｅｙ　ｇｏｔ　ｔｈｅ　ｐｏｗｅｒ． ．．

[murali]

Originally Posted by XR29

Look who is talking.....THE CASH KING..........

knn, he promoted to CASH GOD liao lah

[coolmanks]

Now only u are supporting the RMB. The moment u back in Singapore, RMB is going down down down..........

Originally Posted by XR29

Look who is talking.....THE CASH KING..........

China’s Exports Decline for First Time in 7 Years (Update2)

“The figures are horrifying,” said Lu Zhengwei, chief economist at Industrial Bank Co. in Shanghai. “Plunging imports show that on top of faltering global demand, domestic demand is also shrinking as the economy cools.”

The yuan closed at 6.8633 against the dollar at 5:30 p.m. in Shanghai, from 6.8601 before the data was released.

Imports fell by the most since at least 1995, when Bloomberg data began, as commodity prices declined and weakness in manufacturing and construction cut demand for raw materials. The previous decline was seven years ago.

Global Growth

China’s exports quadrupled after the country joined the World Trade Organization in 2001, helping to make it the fastest-expanding major economy and the biggest contributor to global growth.

In October, exports rose 19.2 percent and imports climbed 15.6 percent. None of 18 economists surveyed on exports and 17 polled on imports predicted a decline in November.

“These are absolutely dreadful numbers,” said Mark Williams, an economist with Capital Economics Ltd. in London. “It will stoke speculation that the government will force a depreciation of the yuan. Further cuts in interest rates are pretty much inevitable.”