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).
 
No comments:
Post a Comment