Thread: Currency Exchange
View Single Post
  #9  
Old 06-12-2014, 07:05 PM
36SCE's Avatar
36SCE 36SCE is offline
Samster
  
Join Date: Jan 2004
Location: SE Asia
Posts: 124
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
My Reputation: Points: 1070 / Power: 22
36SCE has much to be proud of36SCE has much to be proud of36SCE has much to be proud of36SCE has much to be proud of36SCE has much to be proud of36SCE has much to be proud of36SCE has much to be proud of36SCE has much to be proud of
Re: Currency Exchange
One of the money changers interviewed on TV a few days ago claimed they have "old stocks" of Ringgit bought at higher cost so can't offer current rates as otherwise lose money.

Another interviewed on papers today claim they have to replenish their stocks more than once daily due to overwhelming demand.

Personally, I think its a sort of "cartel" and all of them have some agreement not to increase until someone breaks rank.