Singapore Dollar to Malaysian Ringgit is S$1 : RM3.
Historically new high for Singapore Dollar and historically new low for Malaysian Ringgit.
Good for those who intends to buy assets in Malaysia. Bad for those who had bought assets a few years ago when exchange rate was less favourable.
It is currently a period of financial turmoil with the stock market crashing to below 16,000 (Dow).
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