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  #31 (permalink)  
Old 23-09-2008, 03:34 PM
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Lightbulb Re: Chinese RMB rates..
Quote:
Originally Posted by Dermarko View Post
I change some RMB today in my neighbourhood shopping mall money changer. Rate was a dollar to 4.68 RMB.
Just wondering how People Park money-changer exchange rates from SGD to RMB from remittance purpose
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  #32 (permalink)  
Old 23-09-2008, 03:50 PM
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Re: Chinese RMB rates..
Quote:
Originally Posted by Heart Break Kid View Post
Just wondering how People Park money-changer exchange rates from SGD to RMB from remittance purpose
Remittance usually has more attractive exchange rate, do note they have not factor in the service charge yet. It depend how much you remit. I remitted SGD3,600 to USA. It costs me another SGD30 for service charge. That was handled by my friend working in CitiBank. You may expect to pay more outside.
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  #33 (permalink)  
Old 23-09-2008, 04:24 PM
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Talking Re: Chinese RMB rates..
Quote:
Originally Posted by genius View Post
Remittance usually has more attractive exchange rate, do note they have not factor in the service charge yet. It depend how much you remit. I remitted SGD3,600 to USA. It costs me another SGD30 for service charge. That was handled by my friend working in CitiBank. You may expect to pay more outside.
Thank bro .. that Hang Seng Bank (PRC) in People Park charges $20 per transaction of remittance (TT).

The RMB rates should be fixed for the day regardless how much we remit
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  #34 (permalink)  
Old 24-09-2008, 10:13 AM
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Re: Chinese RMB rates..
money remitance agents
charge 15-18 $ per time
rate is about 200pts beter then cash rate at money changer
eg.money change 4.80, remit agent 4.82
agents at peoples park 2nd floor...go where u see crowds
money deposited into accounts 1-2 days

if scared of agent running away
go icbc charges 20$
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  #35 (permalink)  
Old 24-09-2008, 12:21 PM
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Re: Chinese RMB rates..
wah...some relief...rate getting slightly better now. At least not in the 4.7 region. Now at least 4.8. Anyone hear of better rate? Whats the latest and where?
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  #36 (permalink)  
Old 24-09-2008, 04:36 PM
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Re: Chinese RMB rates..
Jurong point 2409-1400hrs
100 -- 473 rmb
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Old 25-09-2008, 12:42 AM
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Re: Chinese RMB rates..
the rates for the china rmb is going back to 5
i had monitor the amount for the past week, the rates is rising, from 4.58 to 4.62 then 4.68 then 4.72 and today 4.80.
the rates is getting better
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  #38 (permalink)  
Old 25-09-2008, 09:24 AM
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Talking Re: Chinese RMB rates..
Quote:
Originally Posted by cuppam1982 View Post
the rates for the china rmb is going back to 5
i had monitor the amount for the past week, the rates is rising, from 4.58 to 4.62 then 4.68 then 4.72 and today 4.80.
the rates is getting better
Thank God .. hope SGD appreciate against RMB & hopefully back to 1:5 rate by Dec
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Old 25-09-2008, 09:42 AM
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Re: Chinese RMB rates..
Quote:
Originally Posted by Heart Break Kid View Post
Thank God .. hope SGD appreciate against RMB & hopefully back to 1:5 rate by Dec
... ... if it hit 1:5 ... then must break my bank and change to rmb ...
but my bank onli have $10 ....
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Old 25-09-2008, 10:01 AM
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Re: Chinese RMB rates..
Quote:
Originally Posted by cuppam1982 View Post
the rates for the china rmb is going back to 5
i had monitor the amount for the past week, the rates is rising, from 4.58 to 4.62 then 4.68 then 4.72 and today 4.80.
the rates is getting better
Tks for the update! ups you! pls continue to update this if you can...really appreciate it
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  #41 (permalink)  
Old 25-09-2008, 10:09 AM
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Talking Re: Chinese RMB rates..
Quote:
Originally Posted by adidas88 View Post
... ... if it hit 1:5 ... then must break my bank and change to rmb ...
but my bank onli have $10 ....
Start saving up now.. I may be travelling to China in Dec08. So RMB depreciates in coming months is a good thing for us

Let mi forecast by 20th Nov 2008 hope the rates is SGD1 : RMB5.2
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Old 25-09-2008, 10:41 AM
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Re: Chinese RMB rates..
Quote:
Originally Posted by adidas88 View Post
... if it hit 1:5 ... then must break my bank and change to rmb ...
but my bank onli have $10 ....
Must like you CASH rich
All transaction in cash.
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  #43 (permalink)  
Old 25-09-2008, 10:51 AM
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Re: Chinese RMB rates..
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Originally Posted by mebirdie View Post
Must like you CASH rich
All transaction in cash.
of cos, that why he live up to he name :adidas. It a international name hor....dun play play....
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  #44 (permalink)  
Old 25-09-2008, 11:00 AM
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Talking Re: Chinese RMB rates..
Quote:
Originally Posted by adidas88 View Post
... ... if it hit 1:5 ... then must break my bank and change to rmb ...
but my bank onli have $10 ....
Sorry bro ..mi guess you must be asset-rich
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  #45 (permalink)  
Old 25-09-2008, 11:10 AM
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Re: Chinese RMB rates..
Quote:
Originally Posted by Heart Break Kid View Post
Start saving up now.. I may be travelling to China in Dec08. So RMB depreciates in coming months is a good thing for us

Let mi forecast by 20th Nov 2008 hope the rates is SGD1 : RMB5.2
... ... bro, like that u can buy forex futures and make a fortune ...
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