On 3rd March, I made my 3rd Paypal withdrawal to Public Bank Visa Electron. The USD transaction is not looking any brighter. If you still have money in Paypal, better change it to money in your account soon, as there are rumours of market crashing in US and stuff like that. Anyways, the last time I made a transfer, the USD to MYR rate was at 3.2738 which was low already. Those were the glory days of 3.6 rate.
Well, this time it took 4 days for the transfer, and upon calculation, the exchange was only at 3.1393. Things aren’t looking good even if you calculate using Google search…the exchange rate given was 3.1696. This is not good news for us as it means losing cash due to the exchange rates. The rate dropped 0.1345 within less than 2 months…
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USD MYR fantasitize exchange!
-edzrin